Dimensional International High Profitability ETF $DIHP Position Lowered by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC reduced its position in Dimensional International High Profitability ETF (BATS:DIHP) by 0.4% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 5,261,652 shares of the company’s stock after selling 21,816 shares during the period. Dimensional International High Profitability ETF accounts for approximately 0.9% of Sequoia Financial Advisors LLC’s holdings, making the stock its 27th biggest holding. Sequoia Financial Advisors LLC’s holdings in Dimensional International High Profitability ETF were worth $179,554,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Mercer Global Advisors Inc. ADV lifted its stake in Dimensional International High Profitability ETF by 6.2% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 30,174,025 shares of the company’s stock worth $955,464,000 after purchasing an additional 1,759,268 shares during the last quarter. Savant Capital LLC boosted its holdings in shares of Dimensional International High Profitability ETF by 5.8% in the 4th quarter. Savant Capital LLC now owns 26,894,586 shares of the company’s stock valued at $851,617,000 after buying an additional 1,463,624 shares during the period. Focus Partners Wealth boosted its holdings in shares of Dimensional International High Profitability ETF by 7.8% in the 4th quarter. Focus Partners Wealth now owns 14,498,056 shares of the company’s stock valued at $459,097,000 after buying an additional 1,048,330 shares during the period. Focus Partners Advisor Solutions LLC grew its position in shares of Dimensional International High Profitability ETF by 12.8% during the 4th quarter. Focus Partners Advisor Solutions LLC now owns 2,689,539 shares of the company’s stock valued at $85,164,000 after buying an additional 305,990 shares during the last quarter. Finally, Kestra Investment Management LLC raised its stake in Dimensional International High Profitability ETF by 30.5% during the fourth quarter. Kestra Investment Management LLC now owns 2,671,379 shares of the company’s stock worth $84,589,000 after acquiring an additional 623,925 shares during the period.

Dimensional International High Profitability ETF Stock Down 1.0%

Shares of DIHP stock opened at $34.71 on Thursday. The company has a market cap of $4.88 billion, a P/E ratio of 17.57 and a beta of 0.90. The business has a 50 day moving average of $34.78 and a two-hundred day moving average of $34.04. Dimensional International High Profitability ETF has a 52 week low of $29.84 and a 52 week high of $35.88.

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.