Gemmer Asset Management LLC Boosts Stake in Dimensional US High Profitability ETF $DUHP

Gemmer Asset Management LLC raised its holdings in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 6.3% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 341,460 shares of the company’s stock after purchasing an additional 20,157 shares during the quarter. Dimensional US High Profitability ETF accounts for about 1.0% of Gemmer Asset Management LLC’s portfolio, making the stock its 26th largest position. Gemmer Asset Management LLC’s holdings in Dimensional US High Profitability ETF were worth $12,897,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. SJS Investment Consulting Inc. bought a new stake in shares of Dimensional US High Profitability ETF during the 2nd quarter worth approximately $101,000. First Command Advisory Services Inc. bought a new stake in shares of Dimensional US High Profitability ETF during the second quarter worth $107,000. Fortitude Family Office LLC lifted its position in shares of Dimensional US High Profitability ETF by 26.5% during the second quarter. Fortitude Family Office LLC now owns 4,520 shares of the company’s stock worth $161,000 after purchasing an additional 947 shares during the last quarter. Maseco LLP purchased a new stake in shares of Dimensional US High Profitability ETF during the second quarter valued at $185,000. Finally, Hollencrest Capital Management bought a new position in shares of Dimensional US High Profitability ETF in the second quarter worth about $194,000.

Dimensional US High Profitability ETF Price Performance

DUHP stock opened at $38.51 on Thursday. Dimensional US High Profitability ETF has a 12 month low of $28.68 and a 12 month high of $38.60. The firm’s 50-day moving average is $37.85 and its 200 day moving average is $36.98. The company has a market capitalization of $10.11 billion, a PE ratio of 24.91 and a beta of 0.97.

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.