NewEdge Advisors LLC Grows Position in Dimensional US High Profitability ETF $DUHP

NewEdge Advisors LLC lifted its position in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 4.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 499,261 shares of the company’s stock after purchasing an additional 19,180 shares during the period. NewEdge Advisors LLC owned about 0.17% of Dimensional US High Profitability ETF worth $20,834,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Wealth Watch Advisors INC acquired a new stake in Dimensional US High Profitability ETF during the fourth quarter valued at $30,000. Smartleaf Asset Management LLC raised its position in shares of Dimensional US High Profitability ETF by 44.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 849 shares of the company’s stock worth $33,000 after acquiring an additional 260 shares during the period. Trust Co. of Vermont acquired a new position in shares of Dimensional US High Profitability ETF in the second quarter worth about $36,000. Rothschild Investment LLC purchased a new stake in shares of Dimensional US High Profitability ETF during the 4th quarter worth about $42,000. Finally, Archer Investment Corp purchased a new stake in shares of Dimensional US High Profitability ETF during the 1st quarter worth about $45,000.

Dimensional US High Profitability ETF Stock Down 0.8%

NYSEARCA:DUHP opened at $41.57 on Friday. Dimensional US High Profitability ETF has a 52 week low of $35.69 and a 52 week high of $42.90. The stock has a market capitalization of $12.38 billion, a PE ratio of 24.91 and a beta of 0.94. The stock’s 50-day moving average price is $41.96 and its 200-day moving average price is $40.27.

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.