Vestmark Advisory Solutions Inc. Trims Stake in Dimensional US High Profitability ETF $DUHP

Vestmark Advisory Solutions Inc. trimmed its position in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 46.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,184,552 shares of the company’s stock after selling 1,038,542 shares during the period. Dimensional US High Profitability ETF comprises 0.9% of Vestmark Advisory Solutions Inc.’s holdings, making the stock its 17th biggest holding. Vestmark Advisory Solutions Inc. owned approximately 0.45% of Dimensional US High Profitability ETF worth $44,741,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in DUHP. LRI Investments LLC grew its stake in shares of Dimensional US High Profitability ETF by 2.7% during the third quarter. LRI Investments LLC now owns 11,650 shares of the company’s stock valued at $440,000 after buying an additional 308 shares during the last quarter. Geneos Wealth Management Inc. grew its position in Dimensional US High Profitability ETF by 5.2% in the 2nd quarter. Geneos Wealth Management Inc. now owns 7,278 shares of the company’s stock valued at $259,000 after acquiring an additional 361 shares during the last quarter. Capital Investment Advisory Services LLC increased its stake in Dimensional US High Profitability ETF by 0.4% in the third quarter. Capital Investment Advisory Services LLC now owns 105,470 shares of the company’s stock worth $3,984,000 after purchasing an additional 409 shares during the period. Samalin Investment Counsel LLC increased its stake in Dimensional US High Profitability ETF by 1.6% in the third quarter. Samalin Investment Counsel LLC now owns 29,029 shares of the company’s stock worth $1,096,000 after purchasing an additional 449 shares during the period. Finally, Argyle Capital Partners LLC lifted its position in shares of Dimensional US High Profitability ETF by 1.3% during the second quarter. Argyle Capital Partners LLC now owns 36,935 shares of the company’s stock worth $1,313,000 after purchasing an additional 476 shares during the last quarter.

Dimensional US High Profitability ETF Trading Up 0.6%

NYSEARCA DUHP opened at $39.25 on Friday. Dimensional US High Profitability ETF has a 12 month low of $28.68 and a 12 month high of $39.64. The company’s 50-day moving average price is $38.56 and its 200-day moving average price is $37.85. The stock has a market cap of $11.12 billion, a PE ratio of 24.91 and a beta of 0.97.

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.