Dimensional US High Profitability ETF $DUHP Stock Position Raised by TCP Asset Management LLC

TCP Asset Management LLC increased its stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 3.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 401,764 shares of the company’s stock after acquiring an additional 14,292 shares during the quarter. Dimensional US High Profitability ETF makes up 2.6% of TCP Asset Management LLC’s holdings, making the stock its 15th largest holding. TCP Asset Management LLC’s holdings in Dimensional US High Profitability ETF were worth $15,279,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Beacon Pointe Advisors LLC increased its position in shares of Dimensional US High Profitability ETF by 3.5% in the second quarter. Beacon Pointe Advisors LLC now owns 905,461 shares of the company’s stock worth $32,198,000 after acquiring an additional 30,588 shares in the last quarter. Legacy Financial Group Inc. raised its holdings in shares of Dimensional US High Profitability ETF by 2.7% during the second quarter. Legacy Financial Group Inc. now owns 448,307 shares of the company’s stock valued at $15,942,000 after acquiring an additional 11,995 shares during the period. Emprise Bank purchased a new stake in shares of Dimensional US High Profitability ETF in the 3rd quarter valued at approximately $528,000. Daner Wealth Management LLC purchased a new stake in shares of Dimensional US High Profitability ETF in the 2nd quarter valued at approximately $1,728,000. Finally, Arkadios Wealth Advisors boosted its stake in Dimensional US High Profitability ETF by 7.3% in the 3rd quarter. Arkadios Wealth Advisors now owns 236,975 shares of the company’s stock worth $8,951,000 after purchasing an additional 16,161 shares during the period.

Dimensional US High Profitability ETF Stock Performance

NYSEARCA DUHP opened at $36.66 on Friday. Dimensional US High Profitability ETF has a twelve month low of $28.68 and a twelve month high of $39.64. The stock has a market cap of $10.39 billion, a price-to-earnings ratio of 24.91 and a beta of 0.97. The firm’s 50 day moving average price is $38.61 and its two-hundred day moving average price is $38.07.

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.