Sequoia Financial Advisors LLC Boosts Stock Position in Dimensional International High Profitability ETF $DIHP

Sequoia Financial Advisors LLC boosted its position in shares of Dimensional International High Profitability ETF (BATS:DIHP) by 11.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,879,012 shares of the company’s stock after acquiring an additional 494,735 shares during the period. Dimensional International High Profitability ETF accounts for about 0.9% of Sequoia Financial Advisors LLC’s investment portfolio, making the stock its 23rd largest position. Sequoia Financial Advisors LLC owned about 3.47% of Dimensional International High Profitability ETF worth $148,298,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of DIHP. Savant Capital LLC lifted its stake in shares of Dimensional International High Profitability ETF by 14.2% during the 2nd quarter. Savant Capital LLC now owns 23,936,337 shares of the company’s stock valued at $705,883,000 after buying an additional 2,975,985 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in Dimensional International High Profitability ETF by 11.7% during the second quarter. Envestnet Asset Management Inc. now owns 25,252,358 shares of the company’s stock valued at $744,692,000 after acquiring an additional 2,646,865 shares during the period. Kestra Investment Management LLC purchased a new position in shares of Dimensional International High Profitability ETF in the second quarter valued at about $54,284,000. Financial Consulate Inc. bought a new position in shares of Dimensional International High Profitability ETF in the second quarter worth about $24,554,000. Finally, Modera Wealth Management LLC grew its position in shares of Dimensional International High Profitability ETF by 65.7% during the second quarter. Modera Wealth Management LLC now owns 1,245,030 shares of the company’s stock worth $36,716,000 after purchasing an additional 493,704 shares in the last quarter.

Dimensional International High Profitability ETF Trading Up 30.5%

Shares of DIHP opened at $32.82 on Friday. The business’s 50 day moving average is $31.57 and its 200 day moving average is $30.60. Dimensional International High Profitability ETF has a 12-month low of $24.00 and a 12-month high of $30.02. The company has a market capitalization of $4.61 billion, a PE ratio of 17.57 and a beta of 0.90.

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.