United Wealth Management LLC Buys 20,589 Shares of Dimensional US High Profitability ETF $DUHP

United Wealth Management LLC lifted its stake in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 2.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 749,316 shares of the company’s stock after purchasing an additional 20,589 shares during the period. Dimensional US High Profitability ETF makes up about 7.4% of United Wealth Management LLC’s investment portfolio, making the stock its 5th biggest position. United Wealth Management LLC’s holdings in Dimensional US High Profitability ETF were worth $28,496,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of DUHP. Petersen Hastings Wealth Advisors Inc. acquired a new position in shares of Dimensional US High Profitability ETF during the fourth quarter worth approximately $108,832,000. Mercer Global Advisors Inc. ADV lifted its position in shares of 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 purchasing an additional 2,484,185 shares in the last quarter. Allworth Financial LP lifted its position in shares of 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 purchasing an additional 1,931,114 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Dimensional US High Profitability ETF by 5,312.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,456,563 shares of the company’s stock worth $55,393,000 after purchasing an additional 1,429,651 shares in the last quarter. Finally, RW Investment Management LLC lifted its position in shares of Dimensional US High Profitability ETF by 126.5% during the third quarter. RW Investment Management LLC now owns 2,441,054 shares of the company’s stock worth $92,199,000 after purchasing an additional 1,363,525 shares in the last quarter.

Dimensional US High Profitability ETF Trading Down 1.4%

Shares of DUHP stock opened at $40.20 on Thursday. Dimensional US High Profitability ETF has a 1 year low of $34.33 and a 1 year high of $41.74. The firm’s 50 day moving average is $39.48 and its 200-day moving average is $38.70. The firm has a market capitalization of $11.64 billion, a price-to-earnings ratio of 24.91 and a beta of 0.94.

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.