Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) Reaches New 12-Month High – Here’s Why

Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)’s share price hit a new 52-week high on Wednesday . The company traded as high as $67.96 and last traded at $67.93, with a volume of 31211 shares trading hands. The stock had previously closed at $67.58.

Dimensional U.S. Targeted Value ETF Stock Performance

The company has a 50 day simple moving average of $65.01 and a 200 day simple moving average of $62.96. The company has a market capitalization of $13.74 billion, a PE ratio of 12.39 and a beta of 0.99.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in DFAT. CoreFirst Bank & Trust acquired a new position in Dimensional U.S. Targeted Value ETF during the third quarter worth about $26,000. CIBC Private Wealth Group LLC lifted its stake in Dimensional U.S. Targeted Value ETF by 59.0% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 655 shares of the company’s stock worth $38,000 after purchasing an additional 243 shares in the last quarter. IAG Wealth Partners LLC boosted its holdings in shares of Dimensional U.S. Targeted Value ETF by 350.8% during the 3rd quarter. IAG Wealth Partners LLC now owns 852 shares of the company’s stock worth $50,000 after purchasing an additional 663 shares during the last quarter. Timmons Wealth Management LLC acquired a new position in shares of Dimensional U.S. Targeted Value ETF during the 4th quarter worth approximately $50,000. Finally, Parallel Advisors LLC grew its position in shares of Dimensional U.S. Targeted Value ETF by 49.9% in the first quarter. Parallel Advisors LLC now owns 811 shares of the company’s stock valued at $51,000 after purchasing an additional 270 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.