Bank of Montreal Can Increases Stock Position in Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Bank of Montreal Can grew its holdings in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 4.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,118,333 shares of the company’s stock after purchasing an additional 82,469 shares during the period. Bank of Montreal Can owned about 1.23% of Dimensional US High Profitability ETF worth $71,578,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its holdings in Dimensional US High Profitability ETF by 3.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 38,231,301 shares of the company’s stock worth $1,291,836,000 after purchasing an additional 1,310,704 shares during the last quarter. Wells Fargo & Company MN boosted its stake in shares of Dimensional US High Profitability ETF by 3,652.4% in the 4th quarter. Wells Fargo & Company MN now owns 6,304 shares of the company’s stock worth $213,000 after buying an additional 6,136 shares during the last quarter. Martin Worley Group bought a new stake in shares of Dimensional US High Profitability ETF in the fourth quarter worth $584,000. WESCAP Management Group Inc. increased its position in Dimensional US High Profitability ETF by 72.9% during the fourth quarter. WESCAP Management Group Inc. now owns 261,461 shares of the company’s stock valued at $8,835,000 after acquiring an additional 110,215 shares during the last quarter. Finally, Intrepid Capital Management Inc. lifted its holdings in Dimensional US High Profitability ETF by 17.7% in the fourth quarter. Intrepid Capital Management Inc. now owns 384,237 shares of the company’s stock valued at $12,983,000 after acquiring an additional 57,826 shares during the period.

Dimensional US High Profitability ETF Stock Performance

Shares of NYSEARCA:DUHP opened at $29.36 on Wednesday. The stock’s 50-day simple moving average is $33.94 and its two-hundred day simple moving average is $34.30. The stock has a market capitalization of $6.69 billion, a price-to-earnings ratio of 24.13 and a beta of 0.99. Dimensional US High Profitability ETF has a 52-week low of $28.68 and a 52-week high of $35.83.

Dimensional US High Profitability ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a $0.0814 dividend. The ex-dividend date was Tuesday, March 25th.

Dimensional US High Profitability ETF 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.