Kingsview Wealth Management LLC Decreases Stock Position in Dimensional US High Profitability ETF $DUHP

Kingsview Wealth Management LLC lessened its holdings in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 72.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 35,389 shares of the company’s stock after selling 93,892 shares during the period. Kingsview Wealth Management LLC’s holdings in Dimensional US High Profitability ETF were worth $1,337,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of DUHP. Vestmark Advisory Solutions Inc. grew its holdings in Dimensional US High Profitability ETF by 112.1% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 2,223,094 shares of the company’s stock valued at $79,053,000 after buying an additional 1,174,851 shares during the last quarter. Foster Group Inc. lifted its position in shares of Dimensional US High Profitability ETF by 38.2% in the third quarter. Foster Group Inc. now owns 2,867,063 shares of the company’s stock valued at $108,289,000 after acquiring an additional 791,821 shares in the last quarter. GeoWealth Management LLC boosted its stake in shares of Dimensional US High Profitability ETF by 1,302.1% during the second quarter. GeoWealth Management LLC now owns 722,762 shares of the company’s stock valued at $25,701,000 after acquiring an additional 671,212 shares during the last quarter. HB Wealth Management LLC boosted its stake in shares of Dimensional US High Profitability ETF by 77.1% during the third quarter. HB Wealth Management LLC now owns 1,533,862 shares of the company’s stock valued at $57,934,000 after acquiring an additional 667,899 shares during the last quarter. Finally, Pure Financial Advisors LLC increased its position in Dimensional US High Profitability ETF by 8.8% during the 3rd quarter. Pure Financial Advisors LLC now owns 6,927,240 shares of the company’s stock worth $261,642,000 after purchasing an additional 561,873 shares in the last quarter.

Dimensional US High Profitability ETF Trading Down 0.8%

Shares of DUHP stock opened at $38.76 on Friday. The company has a market capitalization of $10.98 billion, a price-to-earnings ratio of 24.91 and a beta of 0.97. The firm has a 50-day moving average price of $38.73 and a 200 day moving average price of $38.00. Dimensional US High Profitability ETF has a twelve month low of $28.68 and a twelve month high of $39.64.

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.