LVZ Inc. Raises Stock Position in Dimensional US High Profitability ETF $DUHP

LVZ Inc. grew its holdings in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 1.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,819,770 shares of the company’s stock after buying an additional 26,525 shares during the quarter. Dimensional US High Profitability ETF makes up 7.7% of LVZ Inc.’s portfolio, making the stock its 5th largest position. LVZ Inc.’s holdings in Dimensional US High Profitability ETF were worth $69,206,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DUHP. Mercer Global Advisors Inc. ADV lifted its position in Dimensional US High Profitability ETF by 6.2% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 42,604,612 shares of the company’s stock worth $1,609,176,000 after buying an additional 2,484,185 shares in the last quarter. Allworth Financial LP raised its holdings in shares of Dimensional US High Profitability ETF by 187.4% in the 3rd quarter. Allworth Financial LP now owns 2,961,456 shares of the company’s stock valued at $111,854,000 after purchasing an additional 1,931,114 shares during the period. RW Investment Management LLC raised its holdings in shares of Dimensional US High Profitability ETF by 126.5% in the 3rd quarter. RW Investment Management LLC now owns 2,441,054 shares of the company’s stock valued at $92,199,000 after purchasing an additional 1,363,525 shares during the period. Symmetry Partners LLC bought a new stake in shares of Dimensional US High Profitability ETF in the 4th quarter valued at about $46,472,000. Finally, Farther Finance Advisors LLC raised its holdings in shares of Dimensional US High Profitability ETF by 818.8% in the 4th quarter. Farther Finance Advisors LLC now owns 767,781 shares of the company’s stock valued at $29,199,000 after purchasing an additional 684,222 shares during the period.

Dimensional US High Profitability ETF Stock Performance

Shares of DUHP stock opened at $39.17 on Friday. The firm’s 50-day moving average is $38.15 and its 200-day moving average is $38.17. The stock has a market cap of $11.34 billion, a price-to-earnings ratio of 24.91 and a beta of 0.94. Dimensional US High Profitability ETF has a 52-week low of $32.62 and a 52-week high of $39.64.

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.