Diversify Wealth Management LLC Invests $722,000 in Dimensional US High Profitability ETF $DUHP

Diversify Wealth Management LLC bought a new stake in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 18,523 shares of the company’s stock, valued at approximately $722,000.

A number of other institutional investors have also recently made changes to their positions in DUHP. AQR Capital Management LLC increased its stake in Dimensional US High Profitability ETF by 99.7% during the first quarter. AQR Capital Management LLC now owns 25,580 shares of the company’s stock worth $848,000 after acquiring an additional 12,771 shares during the last quarter. Cetera Investment Advisers purchased a new position in shares of Dimensional US High Profitability ETF in the 2nd quarter worth approximately $302,000. Flow Traders U.S. LLC purchased a new stake in Dimensional US High Profitability ETF during the 2nd quarter valued at $418,000. Sei Investments Co. purchased a new stake in Dimensional US High Profitability ETF during the 2nd quarter valued at $739,000. Finally, Quantinno Capital Management LP bought a new stake in Dimensional US High Profitability ETF in the second quarter worth $1,057,000.

Dimensional US High Profitability ETF Stock Up 0.4%

NYSEARCA DUHP opened at $41.70 on Friday. Dimensional US High Profitability ETF has a 52 week low of $35.61 and a 52 week high of $41.92. The firm has a market capitalization of $12.36 billion, a price-to-earnings ratio of 24.91 and a beta of 0.94. The company has a fifty day moving average of $40.99 and a two-hundred day moving average of $39.32.

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.