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

Shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) hit a new 52-week high during trading on Tuesday . The company traded as high as $71.39 and last traded at $71.15, with a volume of 11634 shares trading hands. The stock had previously closed at $70.77.

Dimensional U.S. Targeted Value ETF Trading Up 1.1%

The firm has a market cap of $14.81 billion, a P/E ratio of 12.39 and a beta of 0.97. The business has a 50 day moving average of $68.76 and a two-hundred day moving average of $65.90.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. EP Wealth Advisors LLC bought a new stake in shares of Dimensional U.S. Targeted Value ETF during the fourth quarter worth approximately $249,084,000. Corient Private Wealth LLC grew its position in shares of Dimensional U.S. Targeted Value ETF by 208.5% in the fourth quarter. Corient Private Wealth LLC now owns 2,724,033 shares of the company’s stock valued at $162,189,000 after purchasing an additional 1,841,154 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in shares of Dimensional U.S. Targeted Value ETF by 8,960.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,419,609 shares of the company’s stock worth $85,390,000 after purchasing an additional 1,403,940 shares during the period. Evanson Financial LLC bought a new position in shares of Dimensional U.S. Targeted Value ETF during the second quarter worth approximately $76,192,000. Finally, Focus Partners Advisor Solutions LLC lifted its holdings in Dimensional U.S. Targeted Value ETF by 21.0% during the 4th quarter. Focus Partners Advisor Solutions LLC now owns 5,294,823 shares of the company’s stock worth $315,254,000 after purchasing an additional 919,456 shares during 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.