Dimensional US High Profitability ETF $DUHP Shares Acquired by Waterfront Wealth Inc.

Waterfront Wealth Inc. lifted its holdings in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 36.8% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 142,358 shares of the company’s stock after acquiring an additional 38,277 shares during the period. Dimensional US High Profitability ETF makes up approximately 1.0% of Waterfront Wealth Inc.’s investment portfolio, making the stock its 23rd largest holding. Waterfront Wealth Inc.’s holdings in Dimensional US High Profitability ETF were worth $5,233,000 as of its most recent SEC filing.

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

Dimensional US High Profitability ETF Price Performance

NYSEARCA DUHP opened at $41.70 on Friday. The company has a market cap of $12.32 billion, a price-to-earnings ratio of 24.91 and a beta of 0.94. The stock’s fifty day moving average price is $40.77 and its 200 day moving average price is $39.20. Dimensional US High Profitability ETF has a 1 year low of $35.59 and a 1 year high of $41.87.

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.