Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) Sees Large Volume Increase – Still a Buy?

Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) saw an uptick in trading volume on Friday . 1,979,863 shares traded hands during trading, an increase of 610% from the previous session’s volume of 278,980 shares.The stock last traded at $46.57 and had previously closed at $48.41.

Dimensional U.S. Targeted Value ETF Stock Down 4.3 %

The stock has a fifty day moving average price of $54.21 and a two-hundred day moving average price of $55.96. The company has a market capitalization of $9.14 billion, a price-to-earnings ratio of 12.09 and a beta of 1.05.

Dimensional U.S. Targeted Value ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a $0.1614 dividend. The ex-dividend date of this dividend was Tuesday, March 25th.

Institutional Trading of Dimensional U.S. Targeted Value ETF

A number of hedge funds have recently added to or reduced their stakes in the business. Tradewinds Capital Management LLC purchased a new stake in shares of Dimensional U.S. Targeted Value ETF during the 4th quarter valued at $28,000. Aspect Partners LLC grew its position in Dimensional U.S. Targeted Value ETF by 151.9% during the fourth quarter. Aspect Partners LLC now owns 519 shares of the company’s stock valued at $29,000 after acquiring an additional 313 shares during the period. SYM FINANCIAL Corp acquired a new stake in Dimensional U.S. Targeted Value ETF during the fourth quarter worth about $30,000. Legacy Investment Solutions LLC acquired a new stake in Dimensional U.S. Targeted Value ETF during the third quarter worth about $46,000. Finally, Bellwether Advisors LLC purchased a new position in shares of Dimensional U.S. Targeted Value ETF in the 4th quarter worth about $67,000.

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.