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

Shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) reached a new 52-week high during trading on Wednesday . The stock traded as high as $59.30 and last traded at $59.30, with a volume of 5242 shares traded. The stock had previously closed at $55.94.

Dimensional U.S. Targeted Value ETF Trading Up 0.2 %

The company has a market cap of $10.96 billion, a price-to-earnings ratio of 9.99 and a beta of 1.12. The company’s 50 day moving average price is $55.08 and its 200 day moving average price is $53.83.

Institutional Trading of Dimensional U.S. Targeted Value ETF

Several hedge funds have recently made changes to their positions in the company. Creative Planning lifted its stake in shares of Dimensional U.S. Targeted Value ETF by 4.1% in the 2nd quarter. Creative Planning now owns 14,250,654 shares of the company’s stock worth $739,182,000 after acquiring an additional 555,638 shares during the period. Forum Financial Management LP lifted its stake in shares of Dimensional U.S. Targeted Value ETF by 1.8% in the 3rd quarter. Forum Financial Management LP now owns 8,783,379 shares of the company’s stock worth $488,619,000 after acquiring an additional 154,338 shares during the period. Savant Capital LLC lifted its stake in shares of Dimensional U.S. Targeted Value ETF by 0.6% in the second quarter. Savant Capital LLC now owns 4,846,930 shares of the company’s stock valued at $251,410,000 after purchasing an additional 29,571 shares during the period. Pure Financial Advisors LLC lifted its stake in shares of Dimensional U.S. Targeted Value ETF by 28.9% in the third quarter. Pure Financial Advisors LLC now owns 3,558,354 shares of the company’s stock valued at $197,951,000 after purchasing an additional 797,607 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in shares of Dimensional U.S. Targeted Value ETF by 2.5% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 2,353,277 shares of the company’s stock valued at $122,064,000 after purchasing an additional 57,397 shares during the period.

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.