NewEdge Advisors LLC Sells 50,703 Shares of Dimensional US High Profitability ETF $DUHP

NewEdge Advisors LLC lowered its position in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 9.6% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 480,081 shares of the company’s stock after selling 50,703 shares during the period. NewEdge Advisors LLC owned about 0.17% of Dimensional US High Profitability ETF worth $17,648,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. G2 Capital Management LLC OH raised its holdings in Dimensional US High Profitability ETF by 3.6% in the 4th quarter. G2 Capital Management LLC OH now owns 537,497 shares of the company’s stock valued at $20,441,000 after buying an additional 18,660 shares during the last quarter. Prime Capital Investment Advisors LLC acquired a new position in shares of Dimensional US High Profitability ETF during the fourth quarter worth $597,000. Level Financial Advisors grew its stake in shares of Dimensional US High Profitability ETF by 5.2% in the fourth quarter. Level Financial Advisors now owns 405,407 shares of the company’s stock worth $15,418,000 after purchasing an additional 20,209 shares during the last quarter. Shore Point Advisors LLC increased its holdings in Dimensional US High Profitability ETF by 23.2% in the fourth quarter. Shore Point Advisors LLC now owns 192,296 shares of the company’s stock valued at $7,313,000 after purchasing an additional 36,162 shares during the period. Finally, Connecticut Capital Management Group LLC bought a new position in Dimensional US High Profitability ETF during the 4th quarter worth $3,748,000.

Dimensional US High Profitability ETF Trading Up 0.3%

NYSEARCA DUHP opened at $42.52 on Friday. The business’s 50-day moving average price is $41.39 and its two-hundred day moving average price is $39.67. Dimensional US High Profitability ETF has a 12 month low of $35.69 and a 12 month high of $42.76. The firm has a market capitalization of $12.67 billion, a PE ratio of 24.91 and a beta of 0.94.

Dimensional US High Profitability ETF Company 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.