Pinnacle Associates Ltd. Buys 12,651 Shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Pinnacle Associates Ltd. boosted its stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 3.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 386,562 shares of the company’s stock after purchasing an additional 12,651 shares during the period. Pinnacle Associates Ltd. owned about 0.22% of Dimensional US High Profitability ETF worth $13,170,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV lifted its stake in shares of Dimensional US High Profitability ETF by 16.4% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 30,626,311 shares of the company’s stock valued at $919,734,000 after acquiring an additional 4,313,841 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Dimensional US High Profitability ETF by 14.7% during the second quarter. Envestnet Asset Management Inc. now owns 29,430,960 shares of the company’s stock worth $941,496,000 after purchasing an additional 3,781,741 shares during the last quarter. Foster Group Inc. increased its stake in shares of Dimensional US High Profitability ETF by 17,602.4% in the second quarter. Foster Group Inc. now owns 2,043,924 shares of the company’s stock valued at $65,385,000 after buying an additional 2,032,378 shares during the period. Beaird Harris Wealth Management LLC bought a new position in Dimensional US High Profitability ETF in the 2nd quarter valued at approximately $34,026,000. Finally, Pure Financial Advisors LLC boosted its position in Dimensional US High Profitability ETF by 42.5% during the 2nd quarter. Pure Financial Advisors LLC now owns 3,427,780 shares of the company’s stock worth $109,655,000 after buying an additional 1,022,870 shares during the period.

Dimensional US High Profitability ETF Stock Down 0.1 %

NYSEARCA DUHP traded down $0.05 on Wednesday, hitting $34.17. The company’s stock had a trading volume of 107,728 shares, compared to its average volume of 760,438. The firm has a market cap of $5.89 billion, a PE ratio of 21.58 and a beta of 0.92. The company’s 50-day moving average is $33.81 and its 200 day moving average is $32.36. Dimensional US High Profitability ETF has a 1-year low of $24.95 and a 1-year high of $35.00.

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.