Cherry Tree Wealth Management LLC Grows Stock Position in Dimensional US High Profitability ETF $DUHP

Cherry Tree Wealth Management LLC increased its stake in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 24.2% in the 2nd quarter, Holdings Channel.com reports. The firm owned 153,960 shares of the company’s stock after purchasing an additional 30,025 shares during the period. Cherry Tree Wealth Management LLC’s holdings in Dimensional US High Profitability ETF were worth $6,425,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Trust Co. of Vermont acquired a new position in Dimensional US High Profitability ETF in the 2nd quarter valued at $36,000. Capital Analysts LLC purchased a new stake in shares of Dimensional US High Profitability ETF in the second quarter valued at about $41,000. Rothschild Investment LLC purchased a new stake in shares of Dimensional US High Profitability ETF in the fourth quarter valued at about $42,000. Archer Investment Corp acquired a new position in shares of Dimensional US High Profitability ETF during the first quarter worth about $45,000. Finally, Topsail Wealth Management LLC acquired a new position in shares of Dimensional US High Profitability ETF during the first quarter worth about $50,000.

Dimensional US High Profitability ETF Stock Down 0.5%

NYSEARCA DUHP traded down $0.20 during trading hours on Tuesday, hitting $41.48. 280,709 shares of the stock were exchanged, compared to its average volume of 1,105,894. The company has a market cap of $12.36 billion, a price-to-earnings ratio of 24.91 and a beta of 0.94. Dimensional US High Profitability ETF has a 12-month low of $35.69 and a 12-month high of $42.90. The stock has a 50-day moving average of $41.96 and a 200 day moving average of $40.31.

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.