Sax Wealth Advisors LLC Cuts Stock Holdings in Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Sax Wealth Advisors LLC lessened its stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 23.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 737,534 shares of the company’s stock after selling 221,110 shares during the quarter. Dimensional US High Profitability ETF comprises approximately 2.0% of Sax Wealth Advisors LLC’s holdings, making the stock its 11th biggest holding. Sax Wealth Advisors LLC’s holdings in Dimensional US High Profitability ETF were worth $24,921,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Pure Financial Advisors LLC lifted its holdings in shares of Dimensional US High Profitability ETF by 35.0% during the 3rd quarter. Pure Financial Advisors LLC now owns 4,628,551 shares of the company’s stock valued at $157,695,000 after acquiring an additional 1,200,771 shares in the last quarter. Beaird Harris Wealth Management LLC purchased a new position in Dimensional US High Profitability ETF in the second quarter valued at about $34,026,000. Wealthstream Advisors Inc. acquired a new position in shares of Dimensional US High Profitability ETF during the third quarter worth about $31,061,000. Apella Capital LLC boosted its position in shares of Dimensional US High Profitability ETF by 868.9% in the fourth quarter. Apella Capital LLC now owns 532,179 shares of the company’s stock worth $17,982,000 after buying an additional 477,255 shares during the period. Finally, Strategic Investment Solutions Inc. IL acquired a new stake in shares of Dimensional US High Profitability ETF in the second quarter valued at about $15,271,000.

Dimensional US High Profitability ETF Stock Performance

Shares of NYSEARCA:DUHP opened at $34.42 on Friday. The business’s 50-day simple moving average is $34.59 and its 200 day simple moving average is $33.72. The company has a market cap of $5.93 billion, a P/E ratio of 21.58 and a beta of 0.92. Dimensional US High Profitability ETF has a one year low of $28.43 and a one year high of $35.79.

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.