Dimensional US High Profitability ETF (NYSEARCA:DUHP) Stock Position Trimmed by BetterWealth LLC

BetterWealth LLC cut its stake in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 55.5% in the 4th quarter, HoldingsChannel reports. The firm owned 344,800 shares of the company’s stock after selling 429,287 shares during the period. Dimensional US High Profitability ETF makes up 3.2% of BetterWealth LLC’s portfolio, making the stock its 7th biggest position. BetterWealth LLC’s holdings in Dimensional US High Profitability ETF were worth $11,651,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Pure Financial Advisors LLC raised its position 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 buying an additional 1,200,771 shares in the last quarter. Wealthstream Advisors Inc. purchased a new stake in Dimensional US High Profitability ETF during the third quarter valued at about $31,061,000. Apella Capital LLC lifted its stake in Dimensional US High Profitability ETF by 868.9% during the fourth quarter. Apella Capital LLC now owns 532,179 shares of the company’s stock worth $17,982,000 after purchasing an additional 477,255 shares during the last quarter. Strategic Investment Solutions Inc. IL purchased a new position in shares of Dimensional US High Profitability ETF in the 2nd quarter worth about $15,271,000. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of Dimensional US High Profitability ETF by 21.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 2,567,212 shares of the company’s stock valued at $87,465,000 after purchasing an additional 452,201 shares during the last quarter.

Dimensional US High Profitability ETF Trading Up 0.5 %

Shares of NYSEARCA DUHP opened at $34.90 on Wednesday. The stock’s 50-day moving average is $34.60 and its 200 day moving average is $33.86. The stock has a market cap of $6.01 billion, a price-to-earnings ratio of 21.58 and a beta of 0.92. Dimensional US High Profitability ETF has a 1-year low of $29.14 and a 1-year high of $35.79.

About Dimensional US High Profitability ETF

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.