M Holdings Securities Inc. Buys 630,505 Shares of Dimensional US High Profitability ETF $DUHP

M Holdings Securities Inc. grew its stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 208.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 932,425 shares of the company’s stock after purchasing an additional 630,505 shares during the period. Dimensional US High Profitability ETF makes up about 5.5% of M Holdings Securities Inc.’s holdings, making the stock its 2nd largest holding. M Holdings Securities Inc. owned approximately 0.31% of Dimensional US High Profitability ETF worth $41,174,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Petersen Hastings Wealth Advisors Inc. acquired a new position in Dimensional US High Profitability ETF during the fourth quarter worth $108,832,000. Mercer Global Advisors Inc. ADV increased its stake in shares of Dimensional US High Profitability ETF by 5.1% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 44,791,614 shares of the company’s stock worth $1,703,426,000 after acquiring an additional 2,187,002 shares during the last quarter. Corient Private Wealth LLC increased its stake in shares of Dimensional US High Profitability ETF by 90.6% in the 4th quarter. Corient Private Wealth LLC now owns 3,310,640 shares of the company’s stock worth $125,482,000 after acquiring an additional 1,573,405 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Dimensional US High Profitability ETF by 5,312.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,456,563 shares of the company’s stock worth $55,393,000 after acquiring an additional 1,429,651 shares during the period. Finally, Apella Capital LLC raised its holdings in shares of Dimensional US High Profitability ETF by 49.8% during the 1st quarter. Apella Capital LLC now owns 3,891,947 shares of the company’s stock worth $153,343,000 after acquiring an additional 1,293,705 shares during the period.

Dimensional US High Profitability ETF Stock Performance

Shares of DUHP stock opened at $42.35 on Monday. The company’s 50-day moving average price is $41.79 and its 200-day moving average price is $40.08. The stock has a market cap of $12.62 billion, a price-to-earnings ratio of 24.91 and a beta of 0.94. Dimensional US High Profitability ETF has a twelve month low of $35.69 and a twelve month high of $42.90.

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.