Dimensional US High Profitability ETF $DUHP Stock Position Raised by Austin Asset Management Co Inc

Austin Asset Management Co Inc lifted its holdings in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 3.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 385,857 shares of the company’s stock after buying an additional 13,027 shares during the period. Dimensional US High Profitability ETF comprises approximately 2.4% of Austin Asset Management Co Inc’s portfolio, making the stock its 11th biggest position. Austin Asset Management Co Inc owned about 0.13% of Dimensional US High Profitability ETF worth $14,184,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the stock. Petersen Hastings Wealth Advisors Inc. purchased a new position in Dimensional US High Profitability ETF in the fourth quarter valued at about $108,832,000. Mercer Global Advisors Inc. ADV raised its stake in shares of Dimensional US High Profitability ETF by 6.2% during the 3rd 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 raised its stake in shares of Dimensional US High Profitability ETF by 187.4% during the 3rd 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. Corient Private Wealth LLC lifted its holdings in shares of Dimensional US High Profitability ETF by 90.6% during the 4th quarter. Corient Private Wealth LLC now owns 3,310,640 shares of the company’s stock valued at $125,482,000 after buying an additional 1,573,405 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Dimensional US High Profitability ETF by 5,312.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,456,563 shares of the company’s stock valued at $55,393,000 after buying an additional 1,429,651 shares during the last quarter.

Dimensional US High Profitability ETF Stock Performance

Shares of NYSEARCA DUHP opened at $41.37 on Thursday. The stock has a market cap of $12.22 billion, a price-to-earnings ratio of 24.91 and a beta of 0.94. The business has a 50 day simple moving average of $40.71 and a 200 day simple moving average of $39.18. Dimensional US High Profitability ETF has a 52 week low of $35.59 and a 52 week high of $41.87.

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.