Root Financial Partners LLC Grows Position in Ultra-Short Fixed Income ETF $DUSB

Root Financial Partners LLC grew its holdings in Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) by 17.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,514,370 shares of the company’s stock after buying an additional 229,096 shares during the period. Ultra-Short Fixed Income ETF accounts for about 3.6% of Root Financial Partners LLC’s portfolio, making the stock its 8th biggest holding. Root Financial Partners LLC owned approximately 4.10% of Ultra-Short Fixed Income ETF worth $76,794,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Cary Street Partners Investment Advisory LLC bought a new stake in Ultra-Short Fixed Income ETF in the 4th quarter valued at $25,000. Lam Group Inc. acquired a new position in shares of Ultra-Short Fixed Income ETF in the first quarter valued at $42,000. EverSource Wealth Advisors LLC bought a new position in shares of Ultra-Short Fixed Income ETF in the fourth quarter valued at about $212,000. VSM Wealth Advisory LLC raised its position in shares of Ultra-Short Fixed Income ETF by 13.3% in the third quarter. VSM Wealth Advisory LLC now owns 5,487 shares of the company’s stock valued at $279,000 after purchasing an additional 646 shares during the period. Finally, Curio Wealth LLC lifted its stake in shares of Ultra-Short Fixed Income ETF by 18.0% during the 4th quarter. Curio Wealth LLC now owns 12,144 shares of the company’s stock worth $615,000 after buying an additional 1,856 shares during the last quarter.

Ultra-Short Fixed Income ETF Price Performance

Shares of DUSB stock opened at $50.78 on Thursday. The company has a 50-day simple moving average of $50.79 and a 200 day simple moving average of $50.76. Ultra-Short Fixed Income ETF has a 52 week low of $50.55 and a 52 week high of $50.91.

About Ultra-Short Fixed Income ETF

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.