Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) Hits New 1-Year High – Should You Buy?

Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $61.86 and last traded at $61.7780, with a volume of 55003 shares changing hands. The stock had previously closed at $61.05.

Dimensional U.S. Targeted Value ETF Stock Up 1.4%

The firm’s 50 day simple moving average is $58.89 and its 200 day simple moving average is $57.62. The company has a market capitalization of $12.47 billion, a PE ratio of 12.39 and a beta of 1.04.

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

Hedge funds and other institutional investors have recently modified their holdings of the business. Focus Partners Wealth grew its position in Dimensional U.S. Targeted Value ETF by 6.5% in the 1st quarter. Focus Partners Wealth now owns 12,985,015 shares of the company’s stock valued at $668,598,000 after acquiring an additional 797,094 shares during the last quarter. Elser Financial Planning Inc purchased a new stake in shares of Dimensional U.S. Targeted Value ETF during the second quarter valued at $38,598,000. Forum Financial Management LP grew its holdings in shares of Dimensional U.S. Targeted Value ETF by 5.4% in the second quarter. Forum Financial Management LP now owns 9,353,565 shares of the company’s stock worth $504,718,000 after purchasing an additional 476,529 shares during the last quarter. Financial Harvest LLC purchased a new position in Dimensional U.S. Targeted Value ETF in the 2nd quarter worth about $24,493,000. Finally, Cerity Partners LLC lifted its holdings in Dimensional U.S. Targeted Value ETF by 59.4% during the 2nd quarter. Cerity Partners LLC now owns 1,100,761 shares of the company’s stock valued at $60,037,000 after buying an additional 410,267 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.