Washington Trust Advisors Inc. Makes New $2.42 Million Investment in Dimensional US High Profitability ETF $DUHP

Washington Trust Advisors Inc. bought a new position in Dimensional US High Profitability ETF (NYSEARCA:DUHP) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 64,012 shares of the company’s stock, valued at approximately $2,418,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Beacon Pointe Advisors LLC boosted its holdings in shares of Dimensional US High Profitability ETF by 3.5% during the 2nd quarter. Beacon Pointe Advisors LLC now owns 905,461 shares of the company’s stock valued at $32,198,000 after buying an additional 30,588 shares in the last quarter. Legacy Financial Group Inc. lifted its position in Dimensional US High Profitability ETF by 2.7% during the 2nd quarter. Legacy Financial Group Inc. now owns 448,307 shares of the company’s stock valued at $15,942,000 after acquiring an additional 11,995 shares during the period. Emprise Bank purchased a new position in Dimensional US High Profitability ETF during the 3rd quarter valued at about $528,000. Daner Wealth Management LLC bought a new stake in Dimensional US High Profitability ETF during the second quarter worth about $1,728,000. Finally, Arkadios Wealth Advisors grew its holdings in Dimensional US High Profitability ETF by 7.3% in the third quarter. Arkadios Wealth Advisors now owns 236,975 shares of the company’s stock worth $8,951,000 after purchasing an additional 16,161 shares during the period.

Dimensional US High Profitability ETF Stock Performance

Shares of NYSEARCA DUHP opened at $39.25 on Monday. The company has a 50 day simple moving average of $38.56 and a two-hundred day simple moving average of $37.86. Dimensional US High Profitability ETF has a fifty-two week low of $28.68 and a fifty-two week high of $39.64. The company has a market capitalization of $11.12 billion, a price-to-earnings ratio of 24.91 and a beta of 0.97.

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.