Dimensional US High Profitability ETF $DUHP Shares Sold by Intelligence Driven Advisers LLC

Intelligence Driven Advisers LLC lessened its stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 18.1% in the third quarter, Holdings Channel reports. The institutional investor owned 109,730 shares of the company’s stock after selling 24,240 shares during the quarter. Dimensional US High Profitability ETF accounts for about 0.6% of Intelligence Driven Advisers LLC’s portfolio, making the stock its 20th largest position. Intelligence Driven Advisers LLC’s holdings in Dimensional US High Profitability ETF were worth $4,145,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Legacy Financial Group Inc. grew its stake in Dimensional US High Profitability ETF by 2.7% in the second quarter. Legacy Financial Group Inc. now owns 448,307 shares of the company’s stock worth $15,942,000 after purchasing an additional 11,995 shares in the last quarter. Beacon Pointe Advisors LLC raised its stake in Dimensional US High Profitability ETF by 3.5% during the second 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. Emprise Bank bought a new position in Dimensional US High Profitability ETF during the 3rd quarter worth approximately $528,000. Daner Wealth Management LLC bought a new position in Dimensional US High Profitability ETF during the 2nd quarter worth approximately $1,728,000. Finally, Arkadios Wealth Advisors grew its position in shares of Dimensional US High Profitability ETF by 7.3% in the 3rd quarter. Arkadios Wealth Advisors now owns 236,975 shares of the company’s stock worth $8,951,000 after acquiring an additional 16,161 shares in the last quarter.

Dimensional US High Profitability ETF Trading Up 0.6%

Shares of NYSEARCA DUHP opened at $39.25 on Monday. 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 has a twelve month low of $28.68 and a twelve month high of $39.64. The business has a 50 day simple moving average of $38.56 and a 200-day simple moving average of $37.86.

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.