Dimensional US High Profitability ETF $DUHP Stock Position Lifted by Bridgewater Advisors Inc.

Bridgewater Advisors Inc. raised its holdings in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 6.0% in the first quarter, Holdings Channel reports. The firm owned 967,302 shares of the company’s stock after purchasing an additional 54,984 shares during the period. Dimensional US High Profitability ETF accounts for 2.4% of Bridgewater Advisors Inc.’s investment portfolio, making the stock its 10th largest holding. Bridgewater Advisors Inc.’s holdings in Dimensional US High Profitability ETF were worth $38,595,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in DUHP. Wealth Watch Advisors INC bought a new stake in shares of Dimensional US High Profitability ETF during the 4th quarter worth $30,000. Geneos Wealth Management Inc. bought a new position in Dimensional US High Profitability ETF during the fourth quarter valued at about $33,000. Smartleaf Asset Management LLC increased its holdings in Dimensional US High Profitability ETF by 44.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 849 shares of the company’s stock worth $33,000 after buying an additional 260 shares during the last quarter. Rothschild Investment LLC purchased a new stake in Dimensional US High Profitability ETF during the fourth quarter worth about $42,000. Finally, Archer Investment Corp bought a new stake in Dimensional US High Profitability ETF in the first quarter worth about $45,000.

Dimensional US High Profitability ETF Stock Up 0.1%

DUHP opened at $41.33 on Friday. Dimensional US High Profitability ETF has a twelve month low of $35.61 and a twelve month high of $41.92. The company’s 50-day moving average price is $41.16 and its two-hundred day moving average price is $39.44. The stock has a market cap of $12.28 billion, a price-to-earnings ratio of 24.91 and a beta of 0.94.

Dimensional US High Profitability ETF 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.