Master S Wealth Management Inc. Boosts Holdings in Dimensional US High Profitability ETF $DUHP

Master S Wealth Management Inc. boosted its position in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 5.3% in the 1st quarter, HoldingsChannel reports. The firm owned 584,326 shares of the company’s stock after buying an additional 29,390 shares during the period. Dimensional US High Profitability ETF accounts for about 7.3% of Master S Wealth Management Inc.’s investment portfolio, making the stock its 6th largest holding. Master S Wealth Management Inc.’s holdings in Dimensional US High Profitability ETF were worth $21,480,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV grew its stake in Dimensional US High Profitability ETF by 5.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 44,791,614 shares of the company’s stock worth $1,703,426,000 after buying an additional 2,187,002 shares during the last quarter. Focus Partners Wealth boosted its holdings in shares of Dimensional US High Profitability ETF by 3.9% in the 4th quarter. Focus Partners Wealth now owns 19,304,073 shares of the company’s stock worth $734,134,000 after acquiring an additional 716,130 shares in the last quarter. Forum Financial Management LP boosted its holdings in shares of Dimensional US High Profitability ETF by 5.5% in the 1st quarter. Forum Financial Management LP now owns 8,459,674 shares of the company’s stock worth $310,978,000 after acquiring an additional 441,967 shares in the last quarter. Pure Financial Advisors LLC grew its position in Dimensional US High Profitability ETF by 9.0% during the 4th quarter. Pure Financial Advisors LLC now owns 7,550,120 shares of the company’s stock worth $287,131,000 after acquiring an additional 622,880 shares during the last quarter. Finally, Apella Capital LLC increased its holdings in Dimensional US High Profitability ETF by 49.8% during the 1st quarter. Apella Capital LLC now owns 3,891,947 shares of the company’s stock valued at $153,343,000 after purchasing an additional 1,293,705 shares in the last quarter.

Dimensional US High Profitability ETF Stock Performance

Shares of DUHP opened at $41.40 on Tuesday. The company has a market cap of $11.99 billion, a price-to-earnings ratio of 24.91 and a beta of 0.94. The stock has a fifty day moving average price of $40.38 and a two-hundred day moving average price of $39.00. Dimensional US High Profitability ETF has a 52-week low of $35.36 and a 52-week high of $41.87.

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.