Madrid Wealth Management LLC Purchases Shares of 33,720 Dimensional US High Profitability ETF $DUHP

Madrid Wealth Management LLC bought a new stake in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) during the 4th quarter, according to its most recent filing with the SEC. The fund bought 33,720 shares of the company’s stock, valued at approximately $1,282,000. Dimensional US High Profitability ETF makes up 1.0% of Madrid Wealth Management LLC’s portfolio, making the stock its 28th largest position.

Several other hedge funds have also recently added to or reduced their stakes in the business. Mercer Global Advisors Inc. ADV lifted its holdings in Dimensional US High Profitability ETF by 6.2% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 42,604,612 shares of the company’s stock valued at $1,609,176,000 after purchasing an additional 2,484,185 shares during the last quarter. Focus Partners Wealth increased its holdings 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 buying an additional 585,098 shares in the last quarter. Forum Financial Management LP increased its holdings in shares of Dimensional US High Profitability ETF by 6.3% during the fourth quarter. Forum Financial Management LP now owns 8,017,707 shares of the company’s stock worth $304,913,000 after buying an additional 472,714 shares in the last quarter. Foster Group Inc. raised its stake in shares of Dimensional US High Profitability ETF by 3.7% in the fourth quarter. Foster Group Inc. now owns 2,973,774 shares of the company’s stock valued at $113,093,000 after acquiring an additional 106,711 shares during the last quarter. Finally, Allworth Financial LP boosted its holdings in shares of Dimensional US High Profitability ETF by 187.4% in the 3rd quarter. Allworth Financial LP now owns 2,961,456 shares of the company’s stock worth $111,854,000 after acquiring an additional 1,931,114 shares in the last quarter.

Dimensional US High Profitability ETF Price Performance

NYSEARCA DUHP opened at $39.13 on Friday. The firm has a market cap of $11.31 billion, a PE ratio of 24.91 and a beta of 0.97. Dimensional US High Profitability ETF has a one year low of $32.58 and a one year high of $39.64. The stock’s 50 day simple moving average is $38.15 and its 200 day simple moving average is $38.17.

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.