Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) Reaches New 52-Week High – Should You Buy?

Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) shares reached a new 52-week high on Monday . The stock traded as high as $71.74 and last traded at $71.71, with a volume of 27619 shares changing hands. The stock had previously closed at $70.73.

Dimensional U.S. Targeted Value ETF Stock Up 1.3%

The company’s fifty day moving average is $69.33 and its 200-day moving average is $66.29. The company has a market cap of $14.86 billion, a PE ratio of 12.39 and a beta of 0.97.

Institutional Trading of Dimensional U.S. Targeted Value ETF

A number of hedge funds have recently bought and sold shares of the company. Focus Partners Wealth grew its stake in shares of Dimensional U.S. Targeted Value ETF by 0.3% during the 4th quarter. Focus Partners Wealth now owns 13,284,203 shares of the company’s stock valued at $790,941,000 after purchasing an additional 40,703 shares during the period. Forum Financial Management LP lifted its stake in shares of Dimensional U.S. Targeted Value ETF by 1.4% in the 1st quarter. Forum Financial Management LP now owns 10,349,578 shares of the company’s stock worth $646,331,000 after purchasing an additional 142,102 shares during the period. Pure Financial Advisors LLC boosted its holdings in shares of Dimensional U.S. Targeted Value ETF by 7.5% in the fourth quarter. Pure Financial Advisors LLC now owns 5,330,417 shares of the company’s stock worth $317,373,000 after buying an additional 371,114 shares during the last quarter. Focus Partners Advisor Solutions LLC boosted its holdings in shares of Dimensional U.S. Targeted Value ETF by 21.0% in the fourth quarter. Focus Partners Advisor Solutions LLC now owns 5,294,823 shares of the company’s stock worth $315,254,000 after buying an additional 919,456 shares during the last quarter. Finally, EP Wealth Advisors LLC purchased a new position in shares of Dimensional U.S. Targeted Value ETF in the fourth quarter worth approximately $249,084,000.

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.