Laurel Wealth Advisors LLC Boosts Stock Position in Dimensional US High Profitability ETF $DUHP

Laurel Wealth Advisors LLC boosted its stake in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 3,456.1% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 22,581 shares of the company’s stock after acquiring an additional 21,946 shares during the period. Laurel Wealth Advisors LLC’s holdings in Dimensional US High Profitability ETF were worth $803,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Burk Holdings LLC acquired a new stake in shares of Dimensional US High Profitability ETF in the second quarter worth approximately $11,517,000. Quadcap Wealth Management LLC boosted its stake in Dimensional US High Profitability ETF by 27.2% during the 2nd quarter. Quadcap Wealth Management LLC now owns 14,548 shares of the company’s stock worth $517,000 after purchasing an additional 3,109 shares during the last quarter. Global Retirement Partners LLC purchased a new stake in shares of Dimensional US High Profitability ETF during the second quarter worth $671,000. TCP Asset Management LLC grew its holdings in shares of Dimensional US High Profitability ETF by 2.9% during the second quarter. TCP Asset Management LLC now owns 375,731 shares of the company’s stock worth $13,361,000 after buying an additional 10,644 shares in the last quarter. Finally, Waterloo Capital L.P. acquired a new stake in shares of Dimensional US High Profitability ETF in the second quarter valued at about $5,339,000.

Dimensional US High Profitability ETF Trading Up 0.2%

DUHP opened at $38.02 on Friday. Dimensional US High Profitability ETF has a twelve month low of $28.68 and a twelve month high of $38.60. The firm has a market capitalization of $9.98 billion, a PE ratio of 24.91 and a beta of 0.97. The firm’s 50-day moving average price is $37.74 and its 200 day moving average price is $36.49.

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.