Efficient Advisors LLC Decreases Stake in Dimensional US High Profitability ETF $DUHP

Efficient Advisors LLC reduced its holdings in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 36.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 715,575 shares of the company’s stock after selling 414,462 shares during the quarter. Dimensional US High Profitability ETF accounts for 1.9% of Efficient Advisors LLC’s portfolio, making the stock its 21st biggest holding. Efficient Advisors LLC owned about 0.25% of Dimensional US High Profitability ETF worth $26,305,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. AQR Capital Management LLC raised its position in Dimensional US High Profitability ETF by 99.7% in the 1st quarter. AQR Capital Management LLC now owns 25,580 shares of the company’s stock worth $848,000 after buying an additional 12,771 shares during the last quarter. Cetera Investment Advisers purchased a new stake in shares of Dimensional US High Profitability ETF during the 2nd quarter valued at about $302,000. Flow Traders U.S. LLC bought a new stake in shares of Dimensional US High Profitability ETF in the second quarter worth approximately $418,000. Sei Investments Co. bought a new stake in shares of Dimensional US High Profitability ETF in the second quarter worth approximately $739,000. Finally, Quantinno Capital Management LP bought a new stake in shares of Dimensional US High Profitability ETF in the second quarter worth approximately $1,057,000.

Dimensional US High Profitability ETF Stock Down 0.3%

DUHP opened at $41.37 on Thursday. The stock has a market capitalization of $12.22 billion, a price-to-earnings ratio of 24.91 and a beta of 0.94. The firm has a 50 day moving average price of $40.71 and a 200-day moving average price of $39.18. Dimensional US High Profitability ETF has a twelve month low of $35.59 and a twelve month 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.