Planning Center Inc. Trims Position in Dimensional US High Profitability ETF $DUHP

Planning Center Inc. decreased its holdings in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 5.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 1,617,442 shares of the company’s stock after selling 100,837 shares during the period. Dimensional US High Profitability ETF makes up approximately 6.3% of Planning Center Inc.’s portfolio, making the stock its 6th biggest position. Planning Center Inc.’s holdings in Dimensional US High Profitability ETF were worth $61,511,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Mercer Global Advisors Inc. ADV raised its stake in Dimensional US High Profitability ETF by 6.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 42,604,612 shares of the company’s stock worth $1,609,176,000 after acquiring an additional 2,484,185 shares during the period. Focus Partners Wealth raised its stake in 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 acquiring an additional 585,098 shares during the period. Forum Financial Management LP raised its stake in 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 acquiring an additional 472,714 shares during the period. Foster Group Inc. raised its stake in Dimensional US High Profitability ETF by 3.7% during the fourth quarter. Foster Group Inc. now owns 2,973,774 shares of the company’s stock worth $113,093,000 after acquiring an additional 106,711 shares during the period. Finally, Allworth Financial LP raised its stake in Dimensional US High Profitability ETF by 187.4% during the third 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 during the period.

Dimensional US High Profitability ETF Stock Up 0.4%

DUHP opened at $39.13 on Friday. The company’s 50-day moving average price is $38.15 and its 200 day moving average price is $38.17. Dimensional US High Profitability ETF has a fifty-two week low of $32.58 and a fifty-two week high of $39.64. The firm has a market cap of $11.31 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.