Gemmer Asset Management LLC Purchases 20,693 Shares of Dimensional US High Profitability ETF $DUHP

Gemmer Asset Management LLC increased its holdings in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 5.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 378,691 shares of the company’s stock after buying an additional 20,693 shares during the quarter. Dimensional US High Profitability ETF accounts for approximately 1.1% of Gemmer Asset Management LLC’s holdings, making the stock its 27th largest holding. Gemmer Asset Management LLC owned 0.13% of Dimensional US High Profitability ETF worth $15,803,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DUHP. Capital Analysts LLC bought a new stake in shares of Dimensional US High Profitability ETF in the second quarter worth about $41,000. Pinnacle Wealth Management Advisory Group LLC raised its position in shares of Dimensional US High Profitability ETF by 1.1% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 399,989 shares of the company’s stock worth $16,692,000 after purchasing an additional 4,412 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in shares of Dimensional US High Profitability ETF by 2.5% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 545,024 shares of the company’s stock valued at $22,744,000 after purchasing an additional 13,465 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Dimensional US High Profitability ETF by 4.0% during the 2nd quarter. NewEdge Advisors LLC now owns 499,261 shares of the company’s stock valued at $20,834,000 after purchasing an additional 19,180 shares in the last quarter. Finally, Baird Financial Group Inc. grew its position in shares of Dimensional US High Profitability ETF by 1.9% in the 2nd quarter. Baird Financial Group Inc. now owns 850,842 shares of the company’s stock valued at $35,506,000 after purchasing an additional 15,842 shares during the period.

Dimensional US High Profitability ETF Stock Performance

NYSEARCA DUHP opened at $41.89 on Thursday. The business has a 50 day simple moving average of $41.96 and a 200 day simple moving average of $40.25. Dimensional US High Profitability ETF has a 52-week low of $35.69 and a 52-week high of $42.90. The stock has a market cap of $12.48 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.