Orion Porfolio Solutions LLC Has $9.62 Million Position in Dimensional US High Profitability ETF $DUHP

Orion Porfolio Solutions LLC raised its holdings in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 388.2% in the second quarter, Holdings Channel.com reports. The fund owned 270,615 shares of the company’s stock after acquiring an additional 215,180 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in Dimensional US High Profitability ETF were worth $9,623,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Focus Partners Wealth increased its position in Dimensional US High Profitability ETF by 321.0% during the first quarter. Focus Partners Wealth now owns 10,998,637 shares of the company’s stock worth $364,495,000 after buying an additional 8,386,204 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Dimensional US High Profitability ETF by 4.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 36,539,311 shares of the company’s stock valued at $1,299,338,000 after acquiring an additional 1,507,394 shares in the last quarter. Vestmark Advisory Solutions Inc. lifted its holdings in Dimensional US High Profitability ETF by 112.1% in the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 2,223,094 shares of the company’s stock worth $79,053,000 after purchasing an additional 1,174,851 shares during the last quarter. Financial Consulate Inc. boosted its position in Dimensional US High Profitability ETF by 109.5% during the second quarter. Financial Consulate Inc. now owns 1,874,235 shares of the company’s stock worth $66,648,000 after purchasing an additional 979,618 shares during the period. Finally, HB Wealth Management LLC acquired a new position in Dimensional US High Profitability ETF during the second quarter valued at approximately $30,794,000.

Dimensional US High Profitability ETF Stock Down 0.7%

NYSEARCA:DUHP opened at $38.04 on Monday. The company’s 50 day moving average is $37.80 and its 200-day moving average is $36.80. The firm has a market cap of $9.99 billion, a price-to-earnings ratio of 24.91 and a beta of 0.97. Dimensional US High Profitability ETF has a 12 month low of $28.68 and a 12 month 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.