229,529 Ultra-Short Fixed Income ETF $DUSB Shares Purchased by Root Financial Partners LLC

Root Financial Partners LLC increased its stake in shares of Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) by 12.3% during the third quarter, Holdings Channel reports. The institutional investor owned 2,095,779 shares of the company’s stock after acquiring an additional 229,529 shares during the period. Ultra-Short Fixed Income ETF comprises about 3.5% of Root Financial Partners LLC’s portfolio, making the stock its 8th biggest position. Root Financial Partners LLC’s holdings in Ultra-Short Fixed Income ETF were worth $105,816,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Lam Group Inc. acquired a new position in Ultra-Short Fixed Income ETF during the first quarter worth about $42,000. Red Lighthouse Investment Management LLC increased its holdings in Ultra-Short Fixed Income ETF by 0.8% in the second quarter. Red Lighthouse Investment Management LLC now owns 30,488 shares of the company’s stock valued at $1,548,000 after buying an additional 237 shares in the last quarter. Broadhurst Jeffrey B purchased a new position in Ultra-Short Fixed Income ETF in the first quarter valued at about $1,998,000. Bullock Wealth Management Group lifted its position in shares of Ultra-Short Fixed Income ETF by 3.9% during the 3rd quarter. Bullock Wealth Management Group now owns 40,050 shares of the company’s stock valued at $2,024,000 after acquiring an additional 1,508 shares during the period. Finally, Studio Investment Management LLC lifted its position in shares of Ultra-Short Fixed Income ETF by 37.4% during the 2nd quarter. Studio Investment Management LLC now owns 55,972 shares of the company’s stock valued at $2,842,000 after acquiring an additional 15,235 shares during the period.

Ultra-Short Fixed Income ETF Trading Up 0.2%

DUSB stock opened at $50.58 on Friday. The firm has a 50 day moving average of $50.65 and a 200-day moving average of $50.74. Ultra-Short Fixed Income ETF has a 12-month low of $50.44 and a 12-month high of $50.91.

Ultra-Short Fixed Income ETF Profile

The Dimensional Ultrashort Fixed Income ETF (DUSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a broad portfolio of US investment-grade securities. The fund targets a dollar weighted average portfolio maturity of less than one year DUSB was launched on Sep 26, 2023 and is issued by Dimensional.