NewEdge Advisors LLC Cuts Stock Position in Dimensional US High Profitability ETF $DUHP

NewEdge Advisors LLC lessened its holdings in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 13.5% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 458,901 shares of the company’s stock after selling 71,883 shares during the period. NewEdge Advisors LLC owned approximately 0.16% of Dimensional US High Profitability ETF worth $16,869,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Wealth Watch Advisors INC bought a new stake in shares of Dimensional US High Profitability ETF in the 4th quarter worth about $30,000. Smartleaf Asset Management LLC lifted its holdings in shares of Dimensional US High Profitability ETF by 44.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 849 shares of the company’s stock valued at $33,000 after acquiring an additional 260 shares during the last quarter. Geneos Wealth Management Inc. purchased a new position in Dimensional US High Profitability ETF in the fourth quarter worth about $33,000. Rothschild Investment LLC bought a new stake in Dimensional US High Profitability ETF during the fourth quarter worth approximately $42,000. Finally, Archer Investment Corp bought a new stake in Dimensional US High Profitability ETF during the first quarter worth approximately $45,000.

Dimensional US High Profitability ETF Price Performance

Shares of DUHP stock opened at $40.85 on Thursday. The company has a market cap of $12.16 billion, a PE ratio of 24.91 and a beta of 0.94. Dimensional US High Profitability ETF has a 1 year low of $35.61 and a 1 year high of $41.92. The stock’s 50 day simple moving average is $41.24 and its two-hundred day simple moving average is $39.51.

Dimensional US High Profitability ETF Company Profile

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.