Dimensional US High Profitability ETF $DUHP is True Wealth Design LLC’s 4th Largest Position

True Wealth Design LLC reduced its position in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 7.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 703,846 shares of the company’s stock after selling 59,421 shares during the period. Dimensional US High Profitability ETF comprises about 8.8% of True Wealth Design LLC’s portfolio, making the stock its 4th biggest holding. True Wealth Design LLC owned about 0.29% of Dimensional US High Profitability ETF worth $25,029,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AE Wealth Management LLC boosted its stake in shares of Dimensional US High Profitability ETF by 14.6% during the 2nd quarter. AE Wealth Management LLC now owns 756,608 shares of the company’s stock worth $26,905,000 after acquiring an additional 96,619 shares in the last quarter. Vestmark Advisory Solutions Inc. raised its stake in shares of Dimensional US High Profitability ETF by 112.1% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 2,223,094 shares of the company’s stock worth $79,053,000 after buying an additional 1,174,851 shares during the period. Summit Wealth Group LLC lifted its position in shares of Dimensional US High Profitability ETF by 2.6% during the 2nd quarter. Summit Wealth Group LLC now owns 76,233 shares of the company’s stock valued at $2,711,000 after buying an additional 1,951 shares in the last quarter. Able Wealth Management LLC acquired a new stake in Dimensional US High Profitability ETF in the 2nd quarter valued at $215,000. Finally, Robinson Smith Wealth Advisors LLC raised its position in Dimensional US High Profitability ETF by 17.3% during the second quarter. Robinson Smith Wealth Advisors LLC now owns 89,798 shares of the company’s stock worth $3,193,000 after acquiring an additional 13,240 shares during the period.

Dimensional US High Profitability ETF Stock Up 0.2%

Shares of NYSEARCA DUHP opened at $37.47 on Friday. The firm has a market cap of $9.84 billion, a price-to-earnings ratio of 24.91 and a beta of 0.97. The company’s 50-day simple moving average is $37.59 and its 200-day simple moving average is $35.98. Dimensional US High Profitability ETF has a 52-week low of $28.68 and a 52-week high of $38.60.

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.