LPL Financial LLC Acquires 37,136 Shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP)

LPL Financial LLC raised its stake in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 33.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 147,019 shares of the company’s stock after purchasing an additional 37,136 shares during the period. LPL Financial LLC owned 0.16% of Dimensional US High Profitability ETF worth $3,902,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Aspire Wealth Management Corp boosted its holdings in shares of Dimensional US High Profitability ETF by 11.1% during the 2nd quarter. Aspire Wealth Management Corp now owns 6,710 shares of the company’s stock worth $178,000 after buying an additional 668 shares in the last quarter. CGN Advisors LLC raised its holdings in shares of Dimensional US High Profitability ETF by 10.0% during the second quarter. CGN Advisors LLC now owns 9,341 shares of the company’s stock valued at $248,000 after purchasing an additional 847 shares during the period. SageView Advisory Group LLC boosted its position in shares of Dimensional US High Profitability ETF by 3.2% during the 1st quarter. SageView Advisory Group LLC now owns 60,367 shares of the company’s stock worth $1,518,000 after purchasing an additional 1,869 shares in the last quarter. Harbour Investments Inc. acquired a new stake in shares of Dimensional US High Profitability ETF in the 1st quarter valued at about $51,000. Finally, Birchcreek Wealth Management LLC increased its position in Dimensional US High Profitability ETF by 16.5% in the 1st quarter. Birchcreek Wealth Management LLC now owns 16,909 shares of the company’s stock valued at $425,000 after buying an additional 2,389 shares in the last quarter.

Dimensional US High Profitability ETF Stock Performance

DUHP stock opened at $26.07 on Monday. Dimensional US High Profitability ETF has a fifty-two week low of $22.78 and a fifty-two week high of $27.35. The stock’s 50 day simple moving average is $26.13 and its 200 day simple moving average is $26.01. The company has a market cap of $2.80 billion, a P/E ratio of 17.09 and a beta of 0.98.

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.