Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) Hits New 1-Year High – Time to Buy?

Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)’s stock price hit a new 52-week high on Wednesday . The company traded as high as $67.90 and last traded at $67.74, with a volume of 20522 shares. The stock had previously closed at $67.14.

Dimensional U.S. Targeted Value ETF Trading Up 0.7%

The firm has a market cap of $13.78 billion, a price-to-earnings ratio of 12.39 and a beta of 0.99. The stock has a fifty day moving average price of $63.96 and a 200 day moving average price of $61.85.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. EP Wealth Advisors LLC bought a new stake in shares of Dimensional U.S. Targeted Value ETF in the 4th quarter worth about $249,084,000. Corient Private Wealth LLC raised its holdings in Dimensional U.S. Targeted Value ETF by 208.5% during the 4th quarter. Corient Private Wealth LLC now owns 2,724,033 shares of the company’s stock worth $162,189,000 after buying an additional 1,841,154 shares during the period. Smartleaf Asset Management LLC lifted its position in Dimensional U.S. Targeted Value ETF by 8,960.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,419,609 shares of the company’s stock valued at $85,390,000 after acquiring an additional 1,403,940 shares in the last quarter. Focus Partners Advisor Solutions LLC lifted its holdings in shares of Dimensional U.S. Targeted Value ETF by 21.0% in the fourth quarter. Focus Partners Advisor Solutions LLC now owns 5,294,823 shares of the company’s stock valued at $315,254,000 after purchasing an additional 919,456 shares in the last quarter. Finally, Earned Wealth Advisors LLC lifted its stake in Dimensional U.S. Targeted Value ETF by 95.1% in the 4th quarter. Earned Wealth Advisors LLC now owns 1,457,860 shares of the company’s stock valued at $86,801,000 after acquiring an additional 710,659 shares in the last quarter.

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.