NewEdge Advisors LLC Has $5.86 Million Position in Dimensional International High Profitability ETF $DIHP

NewEdge Advisors LLC lessened its stake in Dimensional International High Profitability ETF (BATS:DIHP) by 20.6% in the 1st quarter, HoldingsChannel.com reports. The firm owned 181,986 shares of the company’s stock after selling 47,341 shares during the period. NewEdge Advisors LLC’s holdings in Dimensional International High Profitability ETF were worth $5,864,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Bayban acquired a new stake in shares of Dimensional International High Profitability ETF in the 1st quarter valued at $36,000. RHL Group LLC acquired a new position in shares of Dimensional International High Profitability ETF during the fourth quarter valued at $40,000. Arax Advisory Partners acquired a new position in shares of Dimensional International High Profitability ETF during the fourth quarter valued at $40,000. Assetmark Inc. boosted its holdings in Dimensional International High Profitability ETF by 1,537.2% in the first quarter. Assetmark Inc. now owns 1,277 shares of the company’s stock valued at $41,000 after acquiring an additional 1,199 shares during the last quarter. Finally, Fifth Third Bancorp bought a new position in Dimensional International High Profitability ETF in the first quarter valued at about $49,000.

Dimensional International High Profitability ETF Stock Up 2.1%

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

Dimensional International High Profitability ETF Company Profile

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.