Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) Reaches New 52-Week High – What’s Next?

Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as $61.19 and last traded at $61.14, with a volume of 843 shares. The stock had previously closed at $60.18.

Dimensional U.S. Targeted Value ETF Stock Performance

The stock has a market cap of $11.36 billion, a P/E ratio of 9.99 and a beta of 1.12. The company’s fifty day moving average price is $56.24 and its 200-day moving average price is $54.39.

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

Several institutional investors and hedge funds have recently bought and sold shares of the company. Fortress Wealth Management Inc. grew its position in shares of Dimensional U.S. Targeted Value ETF by 0.5% during the 3rd quarter. Fortress Wealth Management Inc. now owns 36,113 shares of the company’s stock valued at $2,009,000 after acquiring an additional 193 shares during the period. Clear Creek Financial Management LLC boosted its stake in Dimensional U.S. Targeted Value ETF by 2.0% during the third quarter. Clear Creek Financial Management LLC now owns 10,079 shares of the company’s stock worth $561,000 after buying an additional 200 shares during the last quarter. Brookstone Capital Management grew its stake in shares of Dimensional U.S. Targeted Value ETF by 5.2% in the 3rd quarter. Brookstone Capital Management now owns 4,078 shares of the company’s stock valued at $227,000 after buying an additional 202 shares during the period. Foundations Investment Advisors LLC lifted its stake in shares of Dimensional U.S. Targeted Value ETF by 4.3% in the 3rd quarter. Foundations Investment Advisors LLC now owns 5,037 shares of the company’s stock valued at $280,000 after purchasing an additional 209 shares during the last quarter. Finally, tru Independence LLC grew its holdings in shares of Dimensional U.S. Targeted Value ETF by 5.1% during the 3rd quarter. tru Independence LLC now owns 4,494 shares of the company’s stock worth $250,000 after purchasing an additional 217 shares during the period.

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.