Diamond Hill Large Cap Concentrated ETF(AMEX:DHLX)

DHLX aims to provide long-term capital appreciation by investing in large-cap US equity securities. The fund focuses on estimating a companys value, independent of its current stock price, based on fundamental economic drivers of the business. Employing a bottom-up investment process, the fund considers earnings, revenue growth, operating margins, and other economic factors. The fund also considers industry competition, regulatory factors, the threat of technological obsolescence, and other industry factors. The fund selects 20-30 common and preferred stocks, weighted based on the advisers level of conviction. The adviser continuously monitors the companys strategies, financial performance, and competitive environment. As an actively managed ETF, the fund manager has full discretion to make buy, hold, or sell decisions. Prior to Sep. 29, 2025, DHLX was a mutual fund called Diamond Hill Large Cap Concentrated Fund before converting to an ETF structure, starting with $33.8 million.