Vestment Financial LLC Takes Position in Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Vestment Financial LLC bought a new position in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 192,346 shares of the company’s stock, valued at approximately $6,514,000. Dimensional US High Profitability ETF comprises approximately 5.0% of Vestment Financial LLC’s holdings, making the stock its 6th biggest holding. Vestment Financial LLC owned about 0.11% of Dimensional US High Profitability ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of DUHP. MilWealth Group LLC acquired a new stake in shares of Dimensional US High Profitability ETF during the fourth quarter worth $27,000. Principal Securities Inc. grew its stake in shares of Dimensional US High Profitability ETF by 174.2% in the fourth quarter. Principal Securities Inc. now owns 894 shares of the company’s stock valued at $30,000 after acquiring an additional 568 shares in the last quarter. Hantz Financial Services Inc. bought a new position in Dimensional US High Profitability ETF during the fourth quarter worth about $31,000. Providence First Trust Co acquired a new stake in Dimensional US High Profitability ETF in the 4th quarter worth about $34,000. Finally, Synergy Asset Management LLC acquired a new stake in Dimensional US High Profitability ETF in the 4th quarter worth about $35,000.

Dimensional US High Profitability ETF Stock Up 0.9%

NYSEARCA DUHP opened at $34.64 on Monday. The firm has a 50-day moving average price of $32.45 and a two-hundred day moving average price of $33.93. Dimensional US High Profitability ETF has a 12-month low of $28.68 and a 12-month high of $35.83. The company has a market capitalization of $8.18 billion, a P/E ratio of 26.41 and a beta of 0.99.

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.