Sollinda Capital Management LLC Purchases 26,571 Shares of Dimensional US High Profitability ETF $DUHP

Sollinda Capital Management LLC increased its holdings in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 14.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 206,270 shares of the company’s stock after acquiring an additional 26,571 shares during the quarter. Dimensional US High Profitability ETF makes up 2.0% of Sollinda Capital Management LLC’s portfolio, making the stock its 13th biggest position. Sollinda Capital Management LLC’s holdings in Dimensional US High Profitability ETF were worth $7,844,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Mercer Global Advisors Inc. ADV grew its stake in Dimensional US High Profitability ETF by 6.2% in the third quarter. Mercer Global Advisors Inc. ADV now owns 42,604,612 shares of the company’s stock valued at $1,609,176,000 after acquiring an additional 2,484,185 shares during the period. Focus Partners Wealth raised its position in shares of Dimensional US High Profitability ETF by 3.3% during the third quarter. Focus Partners Wealth now owns 18,587,943 shares of the company’s stock worth $702,455,000 after purchasing an additional 585,098 shares during the period. Forum Financial Management LP raised its position in shares of Dimensional US High Profitability ETF by 5.2% during the third quarter. Forum Financial Management LP now owns 7,544,993 shares of the company’s stock worth $284,974,000 after purchasing an additional 375,593 shares during the period. Pure Financial Advisors LLC lifted its holdings in shares of Dimensional US High Profitability ETF by 8.8% during the 3rd quarter. Pure Financial Advisors LLC now owns 6,927,240 shares of the company’s stock valued at $261,642,000 after purchasing an additional 561,873 shares in the last quarter. Finally, Foster Group Inc. lifted its holdings in shares of Dimensional US High Profitability ETF by 3.7% during the 4th quarter. Foster Group Inc. now owns 2,973,774 shares of the company’s stock valued at $113,093,000 after purchasing an additional 106,711 shares in the last quarter.

Dimensional US High Profitability ETF Stock Performance

Shares of DUHP opened at $35.83 on Tuesday. The stock has a 50 day simple moving average of $38.37 and a 200 day simple moving average of $38.07. Dimensional US High Profitability ETF has a 52-week low of $28.68 and a 52-week high of $39.64. The firm has a market capitalization of $10.15 billion, a PE ratio of 24.91 and a beta of 0.97.

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.