Dimensional US High Profitability ETF $DUHP Position Lifted by Heritage Wealth Management Inc. Texas

Heritage Wealth Management Inc. Texas boosted its stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 4.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 329,481 shares of the company’s stock after buying an additional 14,985 shares during the quarter. Dimensional US High Profitability ETF makes up approximately 5.4% of Heritage Wealth Management Inc. Texas’ portfolio, making the stock its 6th largest holding. Heritage Wealth Management Inc. Texas owned approximately 0.12% of Dimensional US High Profitability ETF worth $12,531,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DUHP. Mercer Global Advisors Inc. ADV lifted its stake in Dimensional US High Profitability ETF by 6.2% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 42,604,612 shares of the company’s stock valued at $1,609,176,000 after buying an additional 2,484,185 shares in the last quarter. Allworth Financial LP lifted its stake in Dimensional US High Profitability ETF by 187.4% in the 3rd quarter. Allworth Financial LP now owns 2,961,456 shares of the company’s stock valued at $111,854,000 after buying an additional 1,931,114 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Dimensional US High Profitability ETF by 5,312.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,456,563 shares of the company’s stock valued at $55,393,000 after buying an additional 1,429,651 shares in the last quarter. RW Investment Management LLC lifted its stake in Dimensional US High Profitability ETF by 126.5% in the 3rd quarter. RW Investment Management LLC now owns 2,441,054 shares of the company’s stock valued at $92,199,000 after buying an additional 1,363,525 shares in the last quarter. Finally, Symmetry Partners LLC purchased a new position in Dimensional US High Profitability ETF in the 4th quarter worth approximately $46,472,000.

Dimensional US High Profitability ETF Price Performance

DUHP opened at $40.68 on Friday. The company’s 50 day simple moving average is $38.43 and its two-hundred day simple moving average is $38.37. Dimensional US High Profitability ETF has a 1-year low of $33.45 and a 1-year high of $40.81. The firm has a market capitalization of $11.78 billion, a price-to-earnings ratio of 24.91 and a beta of 0.94.

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.