Focus Partners Wealth Boosts Stock Position in Dimensional US High Profitability ETF $DUHP

Focus Partners Wealth increased its stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 321.0% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,998,637 shares of the company’s stock after buying an additional 8,386,204 shares during the period. Dimensional US High Profitability ETF accounts for about 0.9% of Focus Partners Wealth’s holdings, making the stock its 22nd largest holding. Focus Partners Wealth’s holdings in Dimensional US High Profitability ETF were worth $364,495,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Integrity Alliance LLC. purchased a new stake in Dimensional US High Profitability ETF during the 1st quarter valued at $17,547,000. Signature Estate & Investment Advisors LLC boosted its stake in Dimensional US High Profitability ETF by 20.6% during the 1st quarter. Signature Estate & Investment Advisors LLC now owns 40,468 shares of the company’s stock valued at $1,341,000 after purchasing an additional 6,911 shares during the last quarter. Kestra Investment Management LLC boosted its stake in Dimensional US High Profitability ETF by 232.3% during the 1st quarter. Kestra Investment Management LLC now owns 18,528 shares of the company’s stock valued at $614,000 after purchasing an additional 12,953 shares during the last quarter. Plancorp LLC boosted its stake in Dimensional US High Profitability ETF by 17.1% during the 1st quarter. Plancorp LLC now owns 10,200 shares of the company’s stock valued at $338,000 after purchasing an additional 1,487 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its stake in Dimensional US High Profitability ETF by 1.3% during the 1st quarter. NewEdge Advisors LLC now owns 905,693 shares of the company’s stock valued at $30,015,000 after purchasing an additional 11,274 shares during the last quarter.

Dimensional US High Profitability ETF Trading Down 0.1%

Shares of DUHP opened at $36.82 on Wednesday. The business’s fifty day simple moving average is $36.45 and its two-hundred day simple moving average is $34.51. Dimensional US High Profitability ETF has a 12 month low of $28.68 and a 12 month high of $37.11. The company has a market cap of $9.14 billion, a price-to-earnings ratio of 24.91 and a beta of 0.98.

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.