Washington Trust Advisors Inc. Invests $2.42 Million in Dimensional US High Profitability ETF $DUHP

Washington Trust Advisors Inc. purchased a new position in Dimensional US High Profitability ETF (NYSEARCA:DUHP) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 64,012 shares of the company’s stock, valued at approximately $2,418,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. raised its holdings in Dimensional US High Profitability ETF by 4.3% in the second quarter. Envestnet Asset Management Inc. now owns 36,539,311 shares of the company’s stock worth $1,299,338,000 after buying an additional 1,507,394 shares during the last quarter. Forum Financial Management LP increased its position in shares of Dimensional US High Profitability ETF by 5.2% during the third quarter. Forum Financial Management LP now owns 7,544,993 shares of the company’s stock valued at $284,974,000 after acquiring an additional 375,593 shares in the last quarter. Pure Financial Advisors LLC raised its holdings in Dimensional US High Profitability ETF by 8.8% in the 3rd quarter. Pure Financial Advisors LLC now owns 6,927,240 shares of the company’s stock worth $261,642,000 after acquiring an additional 561,873 shares during the last quarter. Corient Private Wealth LLC raised its holdings in Dimensional US High Profitability ETF by 0.8% in the 2nd quarter. Corient Private Wealth LLC now owns 2,899,446 shares of the company’s stock worth $103,104,000 after acquiring an additional 24,421 shares during the last quarter. Finally, Foster Group Inc. lifted its position in Dimensional US High Profitability ETF by 38.2% in the 3rd quarter. Foster Group Inc. now owns 2,867,063 shares of the company’s stock valued at $108,289,000 after acquiring an additional 791,821 shares in the last quarter.

Dimensional US High Profitability ETF Trading Up 0.6%

Shares of DUHP opened at $39.25 on Monday. Dimensional US High Profitability ETF has a 12 month low of $28.68 and a 12 month high of $39.64. The business’s fifty day simple moving average is $38.56 and its two-hundred day simple moving average is $37.86. The company has a market cap of $11.12 billion, a price-to-earnings ratio of 24.91 and a beta of 0.97.

About Dimensional US High Profitability ETF

The Dimensional US High Profitability ETF (DUHP) is an exchange-traded fund that mostly invests in large cap equity. The fund invests in a broad and diverse group of large-cap US stocks actively selected based on perceived higher profitability relative to other US large-cap companies. DUHP was launched on Feb 23, 2022 and is managed by Dimensional.