Fiduciary Financial Group LLC Makes New Investment in Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Fiduciary Financial Group LLC purchased a new stake in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 174,760 shares of the company’s stock, valued at approximately $5,813,000. Dimensional US High Profitability ETF comprises about 1.4% of Fiduciary Financial Group LLC’s portfolio, making the stock its 16th biggest holding. Fiduciary Financial Group LLC owned about 0.10% of Dimensional US High Profitability ETF as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in DUHP. Envestnet Asset Management Inc. boosted its holdings in Dimensional US High Profitability ETF by 14.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 19,800,335 shares of the company’s stock worth $566,488,000 after purchasing an additional 2,496,403 shares during the last quarter. Alesco Advisors LLC purchased a new position in shares of Dimensional US High Profitability ETF in the 4th quarter worth $66,181,000. Corient Private Wealth LLC grew its holdings in shares of Dimensional US High Profitability ETF by 205.4% in the fourth quarter. Corient Private Wealth LLC now owns 2,706,611 shares of the company’s stock worth $77,436,000 after acquiring an additional 1,820,225 shares during the period. DiNuzzo Private Wealth Inc. purchased a new stake in Dimensional US High Profitability ETF during the fourth quarter valued at $38,016,000. Finally, Freedom Investment Management Inc. purchased a new stake in Dimensional US High Profitability ETF during the fourth quarter valued at $32,489,000.

Dimensional US High Profitability ETF Stock Up 0.1 %

NYSEARCA:DUHP traded up $0.03 on Friday, hitting $32.89. The stock had a trading volume of 490,109 shares, compared to its average volume of 818,906. The business’s 50-day simple moving average is $32.13 and its two-hundred day simple moving average is $31.18. The stock has a market cap of $5.67 billion, a price-to-earnings ratio of 21.58 and a beta of 0.92. Dimensional US High Profitability ETF has a 52-week low of $24.69 and a 52-week high of $33.26.

Dimensional US High Profitability ETF 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.