Dimensional US High Profitability ETF (NYSEARCA:DUHP) Shares Acquired by Assetmark Inc.

Assetmark Inc. increased its stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 1,127.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,725 shares of the company’s stock after acquiring an additional 2,503 shares during the period. Assetmark Inc.’s holdings in Dimensional US High Profitability ETF were worth $90,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Morse Asset Management Inc purchased a new stake in Dimensional US High Profitability ETF during the 4th quarter worth about $79,000. Tradewinds Capital Management LLC purchased a new stake in Dimensional US High Profitability ETF during the first quarter worth approximately $106,000. Wood Tarver Financial Group LLC acquired a new position in Dimensional US High Profitability ETF in the fourth quarter valued at approximately $120,000. Sabal Trust CO purchased a new position in Dimensional US High Profitability ETF in the first quarter valued at approximately $203,000. Finally, Wells Fargo & Company MN raised its holdings in Dimensional US High Profitability ETF by 3,652.4% during the fourth quarter. Wells Fargo & Company MN now owns 6,304 shares of the company’s stock worth $213,000 after purchasing an additional 6,136 shares in the last quarter.

Dimensional US High Profitability ETF Trading Up 1.7%

Shares of NYSEARCA:DUHP opened at $36.38 on Tuesday. The firm has a 50 day simple moving average of $35.47 and a 200-day simple moving average of $34.22. Dimensional US High Profitability ETF has a twelve month low of $28.68 and a twelve month high of $36.62. The company has a market capitalization of $8.91 billion, a PE ratio of 24.91 and a beta of 0.98.

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.