Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) Hits New 52-Week High – Time to Buy?

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 $68.64 and last traded at $68.60, with a volume of 35012 shares trading hands. The stock had previously closed at $67.43.

Dimensional U.S. Targeted Value ETF Stock Down 0.6%

The stock has a 50 day simple moving average of $66.08 and a 200 day simple moving average of $63.65. The company has a market capitalization of $13.80 billion, a price-to-earnings ratio of 12.39 and a beta of 0.97.

Hedge Funds Weigh In On Dimensional U.S. Targeted Value ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Robinswood Financial LLC acquired a new position in shares of Dimensional U.S. Targeted Value ETF during the first quarter worth approximately $248,000. Parallel Advisors LLC boosted its position in shares of Dimensional U.S. Targeted Value ETF by 49.9% during the first quarter. Parallel Advisors LLC now owns 811 shares of the company’s stock worth $51,000 after buying an additional 270 shares during the period. Maripau Wealth Management LLC boosted its position in shares of Dimensional U.S. Targeted Value ETF by 56.8% during the first quarter. Maripau Wealth Management LLC now owns 15,364 shares of the company’s stock worth $959,000 after buying an additional 5,565 shares during the period. Allen Capital Group LLC boosted its position in shares of Dimensional U.S. Targeted Value ETF by 2.4% during the first quarter. Allen Capital Group LLC now owns 418,599 shares of the company’s stock worth $26,141,000 after buying an additional 9,826 shares during the period. Finally, J. Derek Lewis & Associates Inc. boosted its position in shares of Dimensional U.S. Targeted Value ETF by 63.2% during the first quarter. J. Derek Lewis & Associates Inc. now owns 7,853 shares of the company’s stock worth $490,000 after buying an additional 3,042 shares during the period.

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.