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

Shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) reached a new 52-week high on Monday . The stock traded as high as $70.25 and last traded at $70.09, with a volume of 51332 shares traded. The stock had previously closed at $69.58.

Dimensional U.S. Targeted Value ETF Price Performance

The firm has a 50 day moving average of $66.60 and a two-hundred day moving average of $63.97. The stock has a market cap of $14.06 billion, a PE ratio of 12.39 and a beta of 0.97.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Brighton Jones LLC lifted its position in Dimensional U.S. Targeted Value ETF by 22.3% during the 4th quarter. Brighton Jones LLC now owns 20,802 shares of the company’s stock worth $1,158,000 after acquiring an additional 3,799 shares during the period. Goldman Sachs Group Inc. acquired a new stake in shares of Dimensional U.S. Targeted Value ETF during the first quarter worth $1,376,000. NewEdge Advisors LLC lifted its holdings in shares of Dimensional U.S. Targeted Value ETF by 1.4% during the second quarter. NewEdge Advisors LLC now owns 99,098 shares of the company’s stock worth $5,347,000 after purchasing an additional 1,393 shares during the period. Sei Investments Co. acquired a new stake in shares of Dimensional U.S. Targeted Value ETF during the second quarter worth $703,000. Finally, Main Street Financial Solutions LLC lifted its holdings in shares of Dimensional U.S. Targeted Value ETF by 1.4% during the second quarter. Main Street Financial Solutions LLC now owns 41,952 shares of the company’s stock worth $2,264,000 after purchasing an additional 576 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.