Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) Reaches New 12-Month High – What’s Next?

Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) reached a new 52-week high during trading on Wednesday . The stock traded as high as $67.90 and last traded at $67.74, with a volume of 20522 shares trading hands. The stock had previously closed at $67.14.

Dimensional U.S. Targeted Value ETF Stock Up 0.7%

The business’s fifty day moving average is $63.96 and its 200-day moving average is $61.85. The company has a market cap of $13.78 billion, a PE ratio of 12.39 and a beta of 0.99.

Institutional Investors Weigh In On Dimensional U.S. Targeted Value ETF

A number of hedge funds have recently modified their holdings of DFAT. Steward Partners Investment Advisory LLC raised its holdings in Dimensional U.S. Targeted Value ETF by 0.6% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 26,409 shares of the company’s stock worth $1,572,000 after purchasing an additional 167 shares during the period. OneAscent Family Office LLC lifted its position in shares of Dimensional U.S. Targeted Value ETF by 0.4% during the 4th quarter. OneAscent Family Office LLC now owns 42,836 shares of the company’s stock valued at $2,550,000 after buying an additional 170 shares in the last quarter. Cary Street Partners Financial LLC grew its stake in shares of Dimensional U.S. Targeted Value ETF by 1.3% during the 4th quarter. Cary Street Partners Financial LLC now owns 13,965 shares of the company’s stock valued at $831,000 after acquiring an additional 175 shares during the period. Valmark Advisers Inc. grew its stake in shares of Dimensional U.S. Targeted Value ETF by 3.5% during the 3rd quarter. Valmark Advisers Inc. now owns 5,744 shares of the company’s stock valued at $334,000 after acquiring an additional 192 shares during the period. Finally, Accurate Wealth Management LLC increased its holdings in Dimensional U.S. Targeted Value ETF by 3.0% in the 4th quarter. Accurate Wealth Management LLC now owns 7,019 shares of the company’s stock worth $439,000 after acquiring an additional 202 shares in the last quarter.

About Dimensional U.S. Targeted Value ETF

The Dimensional U.S. Targeted Value ETF (DFAT) is an exchange-traded fund that mostly invests in extended market equity. The fund is an active, tax-managed fund that seeks to provide long-term capital appreciation from a portfolio of US mid- and small-cap value stocks. DFAT was launched on Dec 11, 1998 and is managed by Dimensional.