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

Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $70.29 and last traded at $70.25, with a volume of 32399 shares traded. The stock had previously closed at $69.90.

Dimensional U.S. Targeted Value ETF Price Performance

The company has a market capitalization of $14.29 billion, a price-to-earnings ratio of 12.39 and a beta of 0.97. The stock has a 50 day simple moving average of $67.46 and a two-hundred day simple moving average of $64.64.

Institutional Trading of Dimensional U.S. Targeted Value ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Fortitude Family Office LLC grew its holdings in shares of Dimensional U.S. Targeted Value ETF by 14.3% during the 4th quarter. Fortitude Family Office LLC now owns 68,868 shares of the company’s stock worth $4,100,000 after purchasing an additional 8,603 shares during the period. OLIO Financial Planning increased its holdings in Dimensional U.S. Targeted Value ETF by 7.1% in the 4th quarter. OLIO Financial Planning now owns 226,387 shares of the company’s stock valued at $13,479,000 after purchasing an additional 14,980 shares in the last quarter. Disciplined Equity Management Inc. increased its holdings in Dimensional U.S. Targeted Value ETF by 2.8% in the 4th quarter. Disciplined Equity Management Inc. now owns 417,953 shares of the company’s stock valued at $24,885,000 after purchasing an additional 11,352 shares in the last quarter. Farther Finance Advisors LLC raised its position in Dimensional U.S. Targeted Value ETF by 55.3% in the fourth quarter. Farther Finance Advisors LLC now owns 226,694 shares of the company’s stock valued at $13,497,000 after purchasing an additional 80,754 shares during the period. Finally, Master S Wealth Management Inc. raised its position in Dimensional U.S. Targeted Value ETF by 9.3% in the fourth quarter. Master S Wealth Management Inc. now owns 362,045 shares of the company’s stock valued at $21,556,000 after purchasing an additional 30,810 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.