Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) Reaches New 1-Year High – Still a Buy?

Dimensional U.S. Targeted Value ETF (NYSEARCA:DFATGet Free Report)’s share price reached a new 52-week high on Friday . The company traded as high as $72.81 and last traded at $72.78, with a volume of 41094 shares traded. The stock had previously closed at $72.39.

Dimensional U.S. Targeted Value ETF Stock Up 0.4%

The firm has a market cap of $14.87 billion, a P/E ratio of 12.39 and a beta of 0.97. The company’s 50 day simple moving average is $69.97 and its 200-day simple moving average is $66.71.

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

Hedge funds and other institutional investors have recently modified their holdings of the business. Brighton Jones LLC grew its position in Dimensional U.S. Targeted Value ETF by 22.3% in the 4th quarter. Brighton Jones LLC now owns 20,802 shares of the company’s stock valued at $1,158,000 after acquiring an additional 3,799 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in shares of Dimensional U.S. Targeted Value ETF during the first quarter worth $1,376,000. NewEdge Advisors LLC lifted its position in shares of Dimensional U.S. Targeted Value ETF by 1.4% during the second quarter. NewEdge Advisors LLC now owns 99,098 shares of the company’s stock worth $5,347,000 after purchasing an additional 1,393 shares during the last quarter. Sei Investments Co. purchased a new stake in shares of Dimensional U.S. Targeted Value ETF during the second quarter valued at $703,000. Finally, Main Street Financial Solutions LLC boosted its stake in shares of Dimensional U.S. Targeted Value ETF by 1.4% during the second quarter. Main Street Financial Solutions LLC now owns 41,952 shares of the company’s stock valued at $2,264,000 after purchasing an additional 576 shares during the period.

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.

See Also

Receive News & Ratings for Dimensional U.S. Targeted Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dimensional U.S. Targeted Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.