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

Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $59.30 and last traded at $59.30, with a volume of 5242 shares. The stock had previously closed at $55.94.

Dimensional U.S. Targeted Value ETF Stock Up 6.7 %

The firm has a market cap of $11.05 billion, a price-to-earnings ratio of 9.99 and a beta of 1.12. The stock’s 50-day moving average price is $54.91 and its 200 day moving average price is $53.76.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Dimensional U.S. Targeted Value ETF in the 2nd quarter valued at $28,000. Bbjs Financial Advisors LLC acquired a new stake in Dimensional U.S. Targeted Value ETF during the second quarter worth about $30,000. Iron Horse Wealth Management LLC bought a new position in shares of Dimensional U.S. Targeted Value ETF in the third quarter worth about $32,000. WealthShield Partners LLC increased its holdings in Dimensional U.S. Targeted Value ETF by 134.2% in the second quarter. WealthShield Partners LLC now owns 712 shares of the company’s stock valued at $37,000 after purchasing an additional 408 shares during the period. Finally, Innealta Capital LLC acquired a new position in shares of Dimensional U.S. Targeted Value ETF in the 2nd quarter valued at about $46,000.

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.