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

Dimensional U.S. Targeted Value ETF (NYSEARCA:DFATGet Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $71.39 and last traded at $71.15, with a volume of 11634 shares changing hands. The stock had previously closed at $70.77.

Dimensional U.S. Targeted Value ETF Price Performance

The stock has a market capitalization of $14.55 billion, a price-to-earnings ratio of 12.39 and a beta of 0.97. The stock has a 50 day moving average price of $68.97 and a 200-day moving average price of $66.04.

Institutional Investors Weigh In On Dimensional U.S. Targeted Value ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. CIBC Private Wealth Group LLC lifted its stake in shares of Dimensional U.S. Targeted Value ETF by 59.0% in the third quarter. CIBC Private Wealth Group LLC now owns 655 shares of the company’s stock worth $38,000 after buying an additional 243 shares in the last quarter. Parallel Advisors LLC grew its stake in 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 valued at $51,000 after acquiring an additional 270 shares in the last quarter. Timmons Wealth Management LLC acquired a new stake in Dimensional U.S. Targeted Value ETF in the 4th quarter valued at about $50,000. Optima Capital LLC acquired a new stake in Dimensional U.S. Targeted Value ETF in the 4th quarter valued at about $60,000. Finally, Modus Advisors LLC purchased a new position in Dimensional U.S. Targeted Value ETF in the 4th quarter worth approximately $82,000.

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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