NewEdge Advisors LLC Grows Position in Dimensional US High Profitability ETF (NYSEARCA:DUHP)

NewEdge Advisors LLC increased its position in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 1.9% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 520,239 shares of the company’s stock after buying an additional 9,837 shares during the quarter. NewEdge Advisors LLC’s holdings in Dimensional US High Profitability ETF were worth $16,642,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Abich Financial Wealth Management LLC purchased a new position in Dimensional US High Profitability ETF during the 2nd quarter worth approximately $32,000. Fairscale Capital LLC purchased a new position in Dimensional US High Profitability ETF during the 2nd quarter worth approximately $52,000. CWM LLC purchased a new position in Dimensional US High Profitability ETF during the 2nd quarter worth approximately $66,000. Mather Group LLC. purchased a new position in Dimensional US High Profitability ETF during the 1st quarter worth approximately $65,000. Finally, Lynx Investment Advisory acquired a new stake in Dimensional US High Profitability ETF during the 2nd quarter worth approximately $83,000.

Dimensional US High Profitability ETF Trading Down 0.1 %

Dimensional US High Profitability ETF stock opened at $33.95 on Monday. Dimensional US High Profitability ETF has a twelve month low of $24.69 and a twelve month high of $34.13. The stock has a 50 day moving average of $32.81 and a two-hundred day moving average of $31.87. The stock has a market capitalization of $5.85 billion, a price-to-earnings ratio of 21.58 and a beta of 0.92.

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.