Dimensional US High Profitability ETF $DUHP Stake Lifted by Tassel Capital Management Inc.

Tassel Capital Management Inc. lifted its stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 3.3% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 510,521 shares of the company’s stock after acquiring an additional 16,180 shares during the quarter. Dimensional US High Profitability ETF comprises approximately 10.1% of Tassel Capital Management Inc.’s portfolio, making the stock its 5th largest position. Tassel Capital Management Inc.’s holdings in Dimensional US High Profitability ETF were worth $21,304,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Mercer Global Advisors Inc. ADV lifted its position in Dimensional US High Profitability ETF by 5.1% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 44,791,614 shares of the company’s stock worth $1,703,426,000 after acquiring an additional 2,187,002 shares in the last quarter. Focus Partners Wealth grew its position in Dimensional US High Profitability ETF by 3.9% in the fourth quarter. Focus Partners Wealth now owns 19,304,073 shares of the company’s stock valued at $734,134,000 after acquiring an additional 716,130 shares in the last quarter. Forum Financial Management LP grew its position in Dimensional US High Profitability ETF by 5.5% in the first quarter. Forum Financial Management LP now owns 8,459,674 shares of the company’s stock valued at $310,978,000 after acquiring an additional 441,967 shares in the last quarter. Pure Financial Advisors LLC raised its stake in shares of Dimensional US High Profitability ETF by 9.0% during the fourth quarter. Pure Financial Advisors LLC now owns 7,550,120 shares of the company’s stock valued at $287,131,000 after purchasing an additional 622,880 shares during the period. Finally, Apella Capital LLC raised its stake in shares of Dimensional US High Profitability ETF by 5.9% during the second quarter. Apella Capital LLC now owns 4,123,403 shares of the company’s stock valued at $171,121,000 after purchasing an additional 231,456 shares during the period.

Dimensional US High Profitability ETF Trading Up 0.8%

NYSEARCA DUHP opened at $42.48 on Friday. The company’s fifty day simple moving average is $41.89 and its 200-day simple moving average is $40.16. Dimensional US High Profitability ETF has a 52 week low of $35.69 and a 52 week high of $42.90. The stock has a market cap of $12.65 billion, a P/E ratio of 24.91 and a beta of 0.94.

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.