Dimensional US High Profitability ETF $DUHP Shares Purchased by M Holdings Securities Inc.

M Holdings Securities Inc. boosted its stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 208.8% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 932,425 shares of the company’s stock after purchasing an additional 630,505 shares during the period. Dimensional US High Profitability ETF comprises approximately 5.5% of M Holdings Securities Inc.’s portfolio, making the stock its 2nd largest position. M Holdings Securities Inc.’s holdings in Dimensional US High Profitability ETF were worth $41,174,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DUHP. Petersen Hastings Wealth Advisors Inc. acquired a new position in Dimensional US High Profitability ETF during the fourth quarter worth $108,832,000. Mercer Global Advisors Inc. ADV grew its stake in shares of Dimensional US High Profitability ETF by 5.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 44,791,614 shares of the company’s stock valued at $1,703,426,000 after buying an additional 2,187,002 shares in the last quarter. Corient Private Wealth LLC raised its holdings in shares of Dimensional US High Profitability ETF by 90.6% in the 4th quarter. Corient Private Wealth LLC now owns 3,310,640 shares of the company’s stock valued at $125,482,000 after buying an additional 1,573,405 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Dimensional US High Profitability ETF by 5,312.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,456,563 shares of the company’s stock valued at $55,393,000 after buying an additional 1,429,651 shares during the period. Finally, Apella Capital LLC lifted its stake in Dimensional US High Profitability ETF by 49.8% during the 1st quarter. Apella Capital LLC now owns 3,891,947 shares of the company’s stock worth $153,343,000 after acquiring an additional 1,293,705 shares in the last quarter.

Dimensional US High Profitability ETF Stock Performance

DUHP opened at $42.35 on Monday. The stock’s 50-day moving average price is $41.79 and its 200 day moving average price is $40.08. Dimensional US High Profitability ETF has a 12-month low of $35.69 and a 12-month high of $42.90. The firm has a market cap of $12.62 billion, a price-to-earnings 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.