Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) Hits New 1-Year High – What’s Next?

Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) shares reached a new 52-week high on Monday . The company traded as high as $66.87 and last traded at $66.3450, with a volume of 302818 shares traded. The stock had previously closed at $65.13.

Dimensional U.S. Targeted Value ETF Price Performance

The stock’s 50-day moving average price is $61.75 and its 200-day moving average price is $58.93. The company has a market cap of $13.64 billion, a P/E ratio of 12.39 and a beta of 1.04.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in DFAT. Creative Planning boosted its stake in shares of Dimensional U.S. Targeted Value ETF by 1.1% in the second quarter. Creative Planning now owns 14,095,721 shares of the company’s stock valued at $760,605,000 after buying an additional 150,227 shares during the period. Focus Partners Wealth raised its holdings in Dimensional U.S. Targeted Value ETF by 3.8% in the 3rd quarter. Focus Partners Wealth now owns 13,243,500 shares of the company’s stock valued at $770,880,000 after acquiring an additional 485,231 shares in the last quarter. Forum Financial Management LP raised its holdings in Dimensional U.S. Targeted Value ETF by 4.7% in the 4th quarter. Forum Financial Management LP now owns 10,207,476 shares of the company’s stock valued at $607,753,000 after acquiring an additional 454,334 shares in the last quarter. Index Fund Advisors Inc. lifted its position in shares of Dimensional U.S. Targeted Value ETF by 5.7% during the 3rd quarter. Index Fund Advisors Inc. now owns 6,520,506 shares of the company’s stock valued at $379,559,000 after acquiring an additional 349,087 shares during the period. Finally, Pure Financial Advisors LLC grew its holdings in shares of Dimensional U.S. Targeted Value ETF by 7.5% during the 4th quarter. Pure Financial Advisors LLC now owns 5,330,417 shares of the company’s stock worth $317,373,000 after purchasing an additional 371,114 shares in the last quarter.

Dimensional U.S. Targeted Value ETF Company Profile

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.