Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) Stock Crosses Above 50 Day Moving Average – Here’s Why

Shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT – Get Free Report) crossed above its 50 day moving average during trading on Monday. The stock has a 50 day moving average of $69.00 and traded as high as $70.71. Dimensional U.S. Targeted Value ETF shares last traded at $70.30, with a volume of 441,746 shares changing hands.

Dimensional U.S. Targeted Value ETF Stock Performance

The company has a market cap of $14.50 billion, a PE ratio of 12.39 and a beta of 0.98. The business’s 50-day moving average is $69.00 and its 200 day moving average is $67.52.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Asset Dedication LLC bought a new position in shares of Dimensional U.S. Targeted Value ETF in the 3rd quarter worth about $176,285,000. Willow Creek Wealth Management Inc. boosted its stake in Dimensional U.S. Targeted Value ETF by 0.7% during the third quarter. Willow Creek Wealth Management Inc. now owns 2,257,538 shares of the company’s stock worth $149,991,000 after acquiring an additional 15,700 shares in the last quarter. Sequoia Financial Advisors LLC grew its holdings in Dimensional U.S. Targeted Value ETF by 1.3% in the second quarter. Sequoia Financial Advisors LLC now owns 1,391,428 shares of the company’s stock worth $97,261,000 after purchasing an additional 18,136 shares during the period. Bank of America Corp DE grew its holdings in Dimensional U.S. Targeted Value ETF by 17.3% in the first quarter. Bank of America Corp DE now owns 1,531,232 shares of the company’s stock worth $95,625,000 after purchasing an additional 225,621 shares during the period. Finally, Earned Wealth Advisors LLC grew its holdings in Dimensional U.S. Targeted Value ETF by 2.6% in the first quarter. Earned Wealth Advisors LLC now owns 1,495,511 shares of the company’s stock worth $93,395,000 after purchasing an additional 37,651 shares during the period.

Dimensional U.S. Targeted Value ETF Company Profile

(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.

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