NewEdge Advisors LLC Sells 47,341 Shares of Dimensional International High Profitability ETF $DIHP

NewEdge Advisors LLC reduced its holdings in shares of Dimensional International High Profitability ETF (BATS:DIHP) by 20.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 181,986 shares of the company’s stock after selling 47,341 shares during the quarter. NewEdge Advisors LLC owned approximately 0.13% of Dimensional International High Profitability ETF worth $5,864,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Belleair Asset Management LLC acquired a new stake in Dimensional International High Profitability ETF during the 4th quarter valued at $951,000. Farther Finance Advisors LLC boosted its stake in Dimensional International High Profitability ETF by 2,057.1% in the fourth quarter. Farther Finance Advisors LLC now owns 418,645 shares of the company’s stock worth $13,256,000 after purchasing an additional 399,237 shares in the last quarter. HBE Wealth Management LLC bought a new stake in shares of Dimensional International High Profitability ETF during the fourth quarter worth $2,520,000. RAM Investment Partners LLC grew its holdings in shares of Dimensional International High Profitability ETF by 80.8% during the fourth quarter. RAM Investment Partners LLC now owns 35,610 shares of the company’s stock worth $1,128,000 after purchasing an additional 15,910 shares during the last quarter. Finally, Diversify Advisory Services LLC acquired a new stake in shares of Dimensional International High Profitability ETF in the fourth quarter valued at $506,000.

Dimensional International High Profitability ETF Stock Up 2.1%

Dimensional International High Profitability ETF stock opened at $34.74 on Friday. The stock has a 50-day simple moving average of $34.08 and a 200 day simple moving average of $33.68. Dimensional International High Profitability ETF has a 12-month low of $28.53 and a 12-month high of $35.31. The stock has a market capitalization of $4.88 billion, a price-to-earnings ratio of 17.57 and a beta of 0.90.

About Dimensional International High Profitability ETF

The Dimensional International High Profitability ETF (DIHP) is an exchange-traded fund that mostly invests in large cap equity. The fund invests in a broad and diverse group of non-US large-cap stocks from developed markets, actively selected based on perceived higher profitability relative to other large-cap companies in the same countries or region. DIHP was launched on Mar 23, 2022 and is managed by Dimensional.