Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) Hits New 1-Year High – Here’s Why

Dimensional U.S. Targeted Value ETF (NYSEARCA:DFATGet Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $70.43 and last traded at $70.26, with a volume of 48356 shares traded. The stock had previously closed at $69.71.

Dimensional U.S. Targeted Value ETF Price Performance

The company has a market cap of $14.36 billion, a price-to-earnings ratio of 12.39 and a beta of 0.97. The firm has a fifty day simple moving average of $68.03 and a 200 day simple moving average of $65.26.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. CIBC Private Wealth Group LLC boosted its holdings in Dimensional U.S. Targeted Value ETF by 59.0% during the third quarter. CIBC Private Wealth Group LLC now owns 655 shares of the company’s stock valued at $38,000 after acquiring an additional 243 shares during the period. Timmons Wealth Management LLC acquired a new position in shares of Dimensional U.S. Targeted Value ETF during the 4th quarter worth about $50,000. Parallel Advisors LLC lifted its position in shares of Dimensional U.S. Targeted Value ETF by 49.9% during the 1st quarter. Parallel Advisors LLC now owns 811 shares of the company’s stock worth $51,000 after purchasing an additional 270 shares during the last quarter. Optima Capital LLC bought a new stake in Dimensional U.S. Targeted Value ETF during the 4th quarter valued at approximately $60,000. Finally, JPL Wealth Management LLC bought a new stake in Dimensional U.S. Targeted Value ETF during the 3rd quarter valued at approximately $74,000.

About Dimensional U.S. Targeted Value ETF

(Get Free Report)

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.

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