Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) Hits New 52-Week Low – Time to Sell?

Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)’s stock price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $48.62 and last traded at $48.66, with a volume of 172464 shares trading hands. The stock had previously closed at $52.46.

Dimensional U.S. Targeted Value ETF Stock Performance

The firm has a market cap of $9.14 billion, a P/E ratio of 12.09 and a beta of 1.05. The firm has a 50 day simple moving average of $54.21 and a 200 day simple moving average of $55.95.

Dimensional U.S. Targeted Value ETF Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were given a dividend of $0.1614 per share. The ex-dividend date was Tuesday, March 25th.

Institutional Trading of Dimensional U.S. Targeted Value ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Raymond James Financial Inc. bought a new stake in Dimensional U.S. Targeted Value ETF during the 4th quarter valued at $69,228,000. Focus Partners Advisor Solutions LLC increased its position in Dimensional U.S. Targeted Value ETF by 34.4% during the 4th quarter. Focus Partners Advisor Solutions LLC now owns 4,820,280 shares of the company’s stock valued at $268,297,000 after buying an additional 1,234,171 shares in the last quarter. Elser Financial Planning Inc bought a new position in Dimensional U.S. Targeted Value ETF in the 4th quarter worth about $39,304,000. Tumwater Wealth Management LLC purchased a new stake in shares of Dimensional U.S. Targeted Value ETF during the fourth quarter valued at approximately $30,702,000. Finally, Pure Financial Advisors LLC increased its position in shares of Dimensional U.S. Targeted Value ETF by 12.9% during the fourth quarter. Pure Financial Advisors LLC now owns 4,016,863 shares of the company’s stock valued at $223,579,000 after acquiring an additional 458,509 shares in the last quarter.

Dimensional U.S. Targeted Value ETF Company Profile

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.