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

Shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) reached a new 52-week high on Wednesday . The stock traded as high as $59.30 and last traded at $59.30, with a volume of 5242 shares trading hands. The stock had previously closed at $55.94.

Dimensional U.S. Targeted Value ETF Stock Up 0.2 %

The firm’s 50 day simple moving average is $55.08 and its two-hundred day simple moving average is $53.83. The stock has a market cap of $10.96 billion, a P/E ratio of 9.99 and a beta of 1.12.

Institutional Trading of Dimensional U.S. Targeted Value ETF

Several institutional investors have recently added to or reduced their stakes in the business. Creative Planning increased its stake in Dimensional U.S. Targeted Value ETF by 4.1% during the second quarter. Creative Planning now owns 14,250,654 shares of the company’s stock valued at $739,182,000 after purchasing an additional 555,638 shares during the last quarter. Forum Financial Management LP increased its holdings in shares of Dimensional U.S. Targeted Value ETF by 1.8% in the 3rd quarter. Forum Financial Management LP now owns 8,783,379 shares of the company’s stock worth $488,619,000 after acquiring an additional 154,338 shares during the period. Savant Capital LLC increased its holdings in shares of Dimensional U.S. Targeted Value ETF by 0.6% in the 2nd quarter. Savant Capital LLC now owns 4,846,930 shares of the company’s stock worth $251,410,000 after acquiring an additional 29,571 shares during the period. Pure Financial Advisors LLC increased its holdings in shares of Dimensional U.S. Targeted Value ETF by 28.9% in the 3rd quarter. Pure Financial Advisors LLC now owns 3,558,354 shares of the company’s stock worth $197,951,000 after acquiring an additional 797,607 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of Dimensional U.S. Targeted Value ETF by 2.5% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 2,353,277 shares of the company’s stock worth $122,064,000 after acquiring an additional 57,397 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.