Short Interest in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) Decreases By 24.7%

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

Dimensional U.S. Targeted Value ETF Price Performance

Shares of Dimensional U.S. Targeted Value ETF stock traded up $0.99 during trading on Tuesday, hitting $62.21. The stock had a trading volume of 13,456 shares, compared to its average volume of 392,142. The firm’s fifty day simple moving average is $63.90 and its 200-day simple moving average is $60.68. The stock has a market cap of $12.71 billion, a PE ratio of 12.39 and a beta of 1.04. Dimensional U.S. Targeted Value ETF has a 12 month low of $44.01 and a 12 month high of $67.46.

Institutional Trading of Dimensional U.S. Targeted Value ETF

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

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.