Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) Reaches New 52-Week High – What’s Next?

Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) reached a new 52-week high on Monday . The stock traded as high as $61.19 and last traded at $61.14, with a volume of 843 shares traded. The stock had previously closed at $60.18.

Dimensional U.S. Targeted Value ETF Trading Down 0.8 %

The stock’s 50 day moving average price is $56.37 and its 200 day moving average price is $54.44. The company has a market cap of $11.21 billion, a price-to-earnings ratio of 9.99 and a beta of 1.12.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Dimensional U.S. Targeted Value ETF during the second quarter worth approximately $28,000. Bbjs Financial Advisors LLC acquired a new position in Dimensional U.S. Targeted Value ETF in the second quarter worth $30,000. Iron Horse Wealth Management LLC acquired a new stake in shares of Dimensional U.S. Targeted Value ETF during the third quarter worth $32,000. WealthShield Partners LLC raised its stake in Dimensional U.S. Targeted Value ETF by 134.2% during the second quarter. WealthShield Partners LLC now owns 712 shares of the company’s stock worth $37,000 after acquiring an additional 408 shares during the period. Finally, Truvestments Capital LLC acquired a new position in Dimensional U.S. Targeted Value ETF in the third quarter valued at approximately $40,000.

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.