Dimensional US High Profitability ETF $DUHP Stake Trimmed by True Wealth Design LLC

True Wealth Design LLC decreased its holdings in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 7.8% in the second quarter, Holdings Channel.com reports. The institutional investor owned 703,846 shares of the company’s stock after selling 59,421 shares during the quarter. Dimensional US High Profitability ETF comprises about 8.8% of True Wealth Design LLC’s holdings, making the stock its 4th biggest position. True Wealth Design LLC’s holdings in Dimensional US High Profitability ETF were worth $25,029,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. grew its stake in Dimensional US High Profitability ETF by 4.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 36,539,311 shares of the company’s stock valued at $1,299,338,000 after acquiring an additional 1,507,394 shares in the last quarter. Focus Partners Wealth grew its holdings in Dimensional US High Profitability ETF by 321.0% in the 1st quarter. Focus Partners Wealth now owns 10,998,637 shares of the company’s stock valued at $364,495,000 after buying an additional 8,386,204 shares in the last quarter. Forum Financial Management LP increased its stake in shares of Dimensional US High Profitability ETF by 3.3% in the 2nd quarter. Forum Financial Management LP now owns 7,169,400 shares of the company’s stock worth $254,944,000 after acquiring an additional 231,876 shares during the last quarter. Pure Financial Advisors LLC raised its holdings in shares of Dimensional US High Profitability ETF by 3.9% during the 2nd quarter. Pure Financial Advisors LLC now owns 6,365,367 shares of the company’s stock worth $226,352,000 after acquiring an additional 236,264 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of Dimensional US High Profitability ETF by 4.2% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 2,872,164 shares of the company’s stock valued at $103,972,000 after acquiring an additional 116,457 shares during the last quarter.

Dimensional US High Profitability ETF Trading Up 0.2%

Dimensional US High Profitability ETF stock opened at $37.47 on Friday. The stock has a market cap of $9.84 billion, a P/E ratio of 24.91 and a beta of 0.97. The company has a 50-day moving average price of $37.59 and a 200 day moving average price of $35.98. Dimensional US High Profitability ETF has a 12-month low of $28.68 and a 12-month high of $38.60.

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.