Dimensional International High Profitability ETF (BATS:DIHP) is Adero Partners LLC’s 2nd Largest Position

Adero Partners LLC lifted its stake in Dimensional International High Profitability ETF (BATS:DIHP) by 2.1% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 6,048,287 shares of the company’s stock after acquiring an additional 127,031 shares during the quarter. Dimensional International High Profitability ETF comprises approximately 11.1% of Adero Partners LLC’s portfolio, making the stock its 2nd largest position. Adero Partners LLC owned 0.08% of Dimensional International High Profitability ETF worth $167,538,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Turtle Creek Wealth Advisors LLC purchased a new stake in shares of Dimensional International High Profitability ETF in the second quarter worth about $28,000. Aptus Capital Advisors LLC boosted its holdings in Dimensional International High Profitability ETF by 1,007.3% in the third quarter. Aptus Capital Advisors LLC now owns 1,207 shares of the company’s stock valued at $33,000 after purchasing an additional 1,098 shares during the last quarter. American Capital Advisory LLC boosted its holdings in Dimensional International High Profitability ETF by 3,443.2% in the third quarter. American Capital Advisory LLC now owns 1,311 shares of the company’s stock valued at $36,000 after purchasing an additional 1,274 shares during the last quarter. Maryland Capital Advisors Inc. boosted its holdings in Dimensional International High Profitability ETF by 115.7% in the third quarter. Maryland Capital Advisors Inc. now owns 4,018 shares of the company’s stock valued at $111,000 after purchasing an additional 2,155 shares during the last quarter. Finally, Lynx Investment Advisory purchased a new position in Dimensional International High Profitability ETF in the second quarter valued at about $119,000.

Dimensional International High Profitability ETF Price Performance

Shares of DIHP opened at $25.47 on Friday. The stock has a market capitalization of $2.01 billion, a P/E ratio of 13.89 and a beta of 0.88. The company has a 50 day simple moving average of $26.84 and a 200-day simple moving average of $26.76.

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.