REDW Wealth LLC Trims Stake in Dimensional US High Profitability ETF $DUHP

REDW Wealth LLC lessened its position in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 8.5% in the third quarter, according to its most recent filing with the SEC. The firm owned 244,975 shares of the company’s stock after selling 22,650 shares during the quarter. Dimensional US High Profitability ETF makes up approximately 3.5% of REDW Wealth LLC’s investment portfolio, making the stock its 8th largest holding. REDW Wealth LLC’s holdings in Dimensional US High Profitability ETF were worth $9,253,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Salomon & Ludwin LLC acquired a new stake in shares of Dimensional US High Profitability ETF during the third quarter worth $27,000. CX Institutional acquired a new position in Dimensional US High Profitability ETF in the third quarter valued at $62,000. First Command Advisory Services Inc. bought a new stake in Dimensional US High Profitability ETF during the second quarter valued at $107,000. Hollencrest Capital Management acquired a new stake in Dimensional US High Profitability ETF during the 2nd quarter worth about $194,000. Finally, Clarion Wealth Managment Partners LLC bought a new position in shares of Dimensional US High Profitability ETF in the 2nd quarter worth about $201,000.

Dimensional US High Profitability ETF Price Performance

Shares of NYSEARCA:DUHP opened at $38.47 on Monday. Dimensional US High Profitability ETF has a 1 year low of $28.68 and a 1 year high of $38.78. The business’s 50-day moving average is $38.06 and its 200-day moving average is $37.47. The company has a market capitalization of $10.59 billion, a price-to-earnings ratio of 24.91 and a beta of 0.97.

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.