Pinnacle Associates Ltd. increased its holdings in Dimensional US High Profitability ETF (NYSEARCA:DUHP – Free Report) by 8.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 395,316 shares of the company’s stock after purchasing an additional 30,721 shares during the period. Pinnacle Associates Ltd.’s holdings in Dimensional US High Profitability ETF were worth $14,057,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Focus Partners Wealth lifted its holdings in shares of Dimensional US High Profitability ETF by 321.0% in the first quarter. Focus Partners Wealth now owns 10,998,637 shares of the company’s stock worth $364,495,000 after buying an additional 8,386,204 shares in the last quarter. Liberty Wealth Management LLC increased its holdings in Dimensional US High Profitability ETF by 202.6% in the 1st quarter. Liberty Wealth Management LLC now owns 2,367,020 shares of the company’s stock valued at $78,443,000 after acquiring an additional 1,584,761 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in Dimensional US High Profitability ETF by 4.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 36,539,311 shares of the company’s stock valued at $1,299,338,000 after acquiring an additional 1,507,394 shares during the last quarter. Financial Consulate Inc. lifted its stake in Dimensional US High Profitability ETF by 109.5% in the 2nd quarter. Financial Consulate Inc. now owns 1,874,235 shares of the company’s stock worth $66,648,000 after purchasing an additional 979,618 shares in the last quarter. Finally, HB Wealth Management LLC bought a new position in shares of Dimensional US High Profitability ETF during the 2nd quarter valued at about $30,794,000.
Dimensional US High Profitability ETF Stock Down 0.8%
Shares of Dimensional US High Profitability ETF stock opened at $37.99 on Friday. Dimensional US High Profitability ETF has a twelve month low of $28.68 and a twelve month high of $38.60. The business has a 50-day moving average price of $37.51 and a 200-day moving average price of $35.71. The firm has a market cap of $9.97 billion, a price-to-earnings 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.
See Also
- Five stocks we like better than Dimensional US High Profitability ETF
- What Are Some of the Best Large-Cap Stocks to Buy?
- Why Microsoft’s Post-Earnings Dip Is a Buy-the-Pause Moment
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- NVIDIA’s Billion-Dollar Bet Puts Nokia Back in the Growth Game
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Hold Ratings, High Rewards? 3 Stocks That Could Defy Expectations
Want to see what other hedge funds are holding DUHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dimensional US High Profitability ETF (NYSEARCA:DUHP – Free Report).
Receive News & Ratings for Dimensional US High Profitability ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dimensional US High Profitability ETF and related companies with MarketBeat.com's FREE daily email newsletter.
