Grunden Financial Advisory Inc. Makes New Investment in Dimensional International High Profitability ETF (BATS:DIHP)

Grunden Financial Advisory Inc. purchased a new position in shares of Dimensional International High Profitability ETF (BATS:DIHP) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 328,284 shares of the company’s stock, valued at approximately $8,424,000. Dimensional International High Profitability ETF accounts for approximately 4.7% of Grunden Financial Advisory Inc.’s investment portfolio, making the stock its 8th largest holding. Grunden Financial Advisory Inc. owned about 0.59% of Dimensional International High Profitability ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Lam Group Inc. raised its stake in shares of Dimensional International High Profitability ETF by 59.0% in the fourth quarter. Lam Group Inc. now owns 1,065 shares of the company’s stock valued at $27,000 after acquiring an additional 395 shares during the last quarter. Comerica Bank bought a new position in shares of Dimensional International High Profitability ETF in the third quarter valued at approximately $30,000. Aspire Private Capital LLC raised its stake in shares of Dimensional International High Profitability ETF by 44.5% in the third quarter. Aspire Private Capital LLC now owns 1,422 shares of the company’s stock valued at $33,000 after acquiring an additional 438 shares during the last quarter. UBS Group AG raised its stake in shares of Dimensional International High Profitability ETF by 426.8% in the fourth quarter. UBS Group AG now owns 2,650 shares of the company’s stock valued at $58,000 after acquiring an additional 2,147 shares during the last quarter. Finally, Royal Bank of Canada bought a new position in shares of Dimensional International High Profitability ETF in the first quarter valued at approximately $103,000.

Dimensional International High Profitability ETF Price Performance

Shares of BATS:DIHP traded down $0.13 during trading on Thursday, reaching $25.70. The stock had a trading volume of 416,061 shares. The firm has a 50 day simple moving average of $26.44 and a 200-day simple moving average of $25.09. The company has a market cap of $1.44 billion, a PE ratio of 12.18 and a beta of -1.00.

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.