Dimensional US High Profitability ETF $DUHP Shares Purchased by Financial Connections Group Inc.

Financial Connections Group Inc. grew its stake in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 13.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 150,502 shares of the company’s stock after buying an additional 17,285 shares during the quarter. Dimensional US High Profitability ETF comprises 1.9% of Financial Connections Group Inc.’s holdings, making the stock its 19th biggest position. Financial Connections Group Inc. owned about 0.05% of Dimensional US High Profitability ETF worth $5,532,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Petersen Hastings Wealth Advisors Inc. acquired a new position in shares of Dimensional US High Profitability ETF during the fourth quarter valued at approximately $108,832,000. Mercer Global Advisors Inc. ADV lifted its position in Dimensional US High Profitability ETF by 6.2% in 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 during the period. Allworth Financial LP boosted its stake in 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 valued at $111,854,000 after purchasing an additional 1,931,114 shares in the last quarter. Corient Private Wealth LLC boosted its stake in 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 purchasing an additional 1,573,405 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position 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 purchasing an additional 1,429,651 shares during the period.

Dimensional US High Profitability ETF Stock Performance

DUHP opened at $41.87 on Friday. The stock’s fifty day moving average is $40.83 and its 200-day moving average is $39.22. Dimensional US High Profitability ETF has a one year low of $35.59 and a one year high of $41.92. The company has a market capitalization of $12.37 billion, a PE ratio of 24.91 and a beta of 0.94.

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.