Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) Short Interest Update

Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) saw a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 105,624 shares, a decrease of 24.7% from the February 26th total of 140,185 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 383,494 shares, the days-to-cover ratio is currently 0.3 days.

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

Shares of NYSEARCA:DFAT opened at $61.54 on Friday. The company has a market cap of $12.57 billion, a price-to-earnings ratio of 12.39 and a beta of 1.04. The firm’s 50-day simple moving average is $63.94 and its 200-day simple moving average is $60.66. Dimensional U.S. Targeted Value ETF has a fifty-two week low of $44.01 and a fifty-two week high of $67.46.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its stake in Dimensional U.S. Targeted Value ETF by 22.3% in the fourth quarter. Brighton Jones LLC now owns 20,802 shares of the company’s stock valued at $1,158,000 after purchasing an additional 3,799 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in Dimensional U.S. Targeted Value ETF in the 1st quarter valued at about $1,376,000. JPMorgan Chase & Co. increased its stake in shares of Dimensional U.S. Targeted Value ETF by 5.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 536,252 shares of the company’s stock valued at $28,936,000 after acquiring an additional 29,153 shares during the last quarter. Global Retirement Partners LLC acquired a new position in shares of Dimensional U.S. Targeted Value ETF during the 2nd quarter valued at about $248,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Dimensional U.S. Targeted Value ETF by 24.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 141,448 shares of the company’s stock worth $7,633,000 after acquiring an additional 27,511 shares during the period.

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.