Focus Partners Wealth Grows Position in Dimensional US High Profitability ETF $DUHP

Focus Partners Wealth boosted its holdings in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 3.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,587,943 shares of the company’s stock after acquiring an additional 585,098 shares during the period. Dimensional US High Profitability ETF comprises about 1.1% of Focus Partners Wealth’s portfolio, making the stock its 16th largest position. Focus Partners Wealth owned approximately 7.08% of Dimensional US High Profitability ETF worth $702,455,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in DUHP. AQR Capital Management LLC lifted its position in shares of Dimensional US High Profitability ETF by 99.7% in the 1st quarter. AQR Capital Management LLC now owns 25,580 shares of the company’s stock worth $848,000 after purchasing an additional 12,771 shares during the period. Cetera Investment Advisers purchased a new position in Dimensional US High Profitability ETF during the second quarter valued at approximately $302,000. Kingsview Wealth Management LLC raised its stake in Dimensional US High Profitability ETF by 0.5% in the second quarter. Kingsview Wealth Management LLC now owns 129,281 shares of the company’s stock worth $4,597,000 after buying an additional 626 shares in the last quarter. Tortoise Investment Management LLC raised its stake in Dimensional US High Profitability ETF by 5.1% in the second quarter. Tortoise Investment Management LLC now owns 108,363 shares of the company’s stock worth $3,853,000 after buying an additional 5,279 shares in the last quarter. Finally, Foundation Wealth Management LLC PA lifted its holdings in Dimensional US High Profitability ETF by 10.3% during the second quarter. Foundation Wealth Management LLC PA now owns 218,954 shares of the company’s stock worth $7,786,000 after buying an additional 20,433 shares during the period.

Dimensional US High Profitability ETF Trading Down 0.5%

Shares of NYSEARCA DUHP opened at $37.52 on Monday. Dimensional US High Profitability ETF has a 12-month low of $28.68 and a 12-month high of $39.64. The stock’s fifty day simple moving average is $38.72 and its two-hundred day simple moving average is $38.07. The stock has a market capitalization of $10.63 billion, a PE ratio of 24.91 and a beta of 0.97.

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.