Sax Wealth Advisors LLC Trims Stake in Dimensional US High Profitability ETF $DUHP

Sax Wealth Advisors LLC reduced its holdings in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 6.4% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 661,497 shares of the company’s stock after selling 45,418 shares during the quarter. Dimensional US High Profitability ETF accounts for about 1.0% of Sax Wealth Advisors LLC’s investment portfolio, making the stock its 17th largest position. Sax Wealth Advisors LLC owned 0.22% of Dimensional US High Profitability ETF worth $27,604,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wealth Watch Advisors INC purchased a new position in shares of Dimensional US High Profitability ETF during the fourth quarter worth about $30,000. Geneos Wealth Management Inc. bought a new position in shares of Dimensional US High Profitability ETF in the fourth quarter worth approximately $33,000. Smartleaf Asset Management LLC raised its stake in Dimensional US High Profitability ETF by 44.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 849 shares of the company’s stock valued at $33,000 after purchasing an additional 260 shares in the last quarter. Rothschild Investment LLC purchased a new stake in Dimensional US High Profitability ETF in the fourth quarter valued at approximately $42,000. Finally, Archer Investment Corp bought a new stake in Dimensional US High Profitability ETF during the first quarter valued at approximately $45,000.

Dimensional US High Profitability ETF Price Performance

Shares of Dimensional US High Profitability ETF stock opened at $42.52 on Friday. Dimensional US High Profitability ETF has a 1 year low of $35.69 and a 1 year high of $42.76. The firm has a market cap of $12.67 billion, a PE ratio of 24.91 and a beta of 0.94. The company has a 50 day simple moving average of $41.39 and a two-hundred day simple moving average of $39.67.

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.