Allworth Financial LP Has $150.78 Million Stock Holdings in Dimensional US High Profitability ETF $DUHP

Allworth Financial LP trimmed its position in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 19.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,613,141 shares of the company’s stock after selling 853,512 shares during the period. Dimensional US High Profitability ETF makes up approximately 0.6% of Allworth Financial LP’s portfolio, making the stock its 24th biggest position. Allworth Financial LP’s holdings in Dimensional US High Profitability ETF were worth $150,776,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in DUHP. Wealth Watch Advisors INC bought a new stake in shares of Dimensional US High Profitability ETF during the fourth quarter valued at approximately $30,000. Smartleaf Asset Management LLC increased its stake in Dimensional US High Profitability ETF by 44.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 849 shares of the company’s stock valued at $33,000 after purchasing an additional 260 shares in the last quarter. Trust Co. of Vermont acquired a new position in Dimensional US High Profitability ETF during the second quarter worth $36,000. Rothschild Investment LLC acquired a new position in Dimensional US High Profitability ETF during the fourth quarter worth $42,000. Finally, Archer Investment Corp acquired a new position in shares of Dimensional US High Profitability ETF during the first quarter valued at about $45,000.

Dimensional US High Profitability ETF Price Performance

Shares of NYSEARCA:DUHP traded down $0.41 during midday trading on Tuesday, hitting $42.08. 659,329 shares of the company’s stock were exchanged, compared to its average volume of 1,119,809. The company has a market cap of $12.54 billion, a PE ratio of 24.91 and a beta of 0.94. Dimensional US High Profitability ETF has a 12 month low of $35.69 and a 12 month high of $42.90. The stock has a 50 day moving average price of $41.94 and a 200-day moving average price of $40.21.

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.