Bridgewater Advisors Inc. Acquires 50,510 Shares of Dimensional US High Profitability ETF $DUHP

Bridgewater Advisors Inc. raised its stake in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 7.1% in the second quarter, Holdings Channel.com reports. The institutional investor owned 765,808 shares of the company’s stock after buying an additional 50,510 shares during the quarter. Dimensional US High Profitability ETF makes up about 2.1% of Bridgewater Advisors Inc.’s holdings, making the stock its 14th largest holding. Bridgewater Advisors Inc.’s holdings in Dimensional US High Profitability ETF were worth $27,845,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Assetmark Inc. increased its stake in shares of Dimensional US High Profitability ETF by 1,127.5% in the 1st quarter. Assetmark Inc. now owns 2,725 shares of the company’s stock worth $90,000 after purchasing an additional 2,503 shares in the last quarter. SJS Investment Consulting Inc. purchased a new stake in shares of Dimensional US High Profitability ETF in the 2nd quarter worth $101,000. First Command Advisory Services Inc. purchased a new stake in shares of Dimensional US High Profitability ETF in the 2nd quarter worth $107,000. Fortitude Family Office LLC increased its stake in shares of Dimensional US High Profitability ETF by 26.5% in the 2nd quarter. Fortitude Family Office LLC now owns 4,520 shares of the company’s stock worth $161,000 after purchasing an additional 947 shares in the last quarter. Finally, Maseco LLP purchased a new stake in shares of Dimensional US High Profitability ETF in the 2nd quarter worth $185,000.

Dimensional US High Profitability ETF Price Performance

NYSEARCA:DUHP opened at $37.95 on Monday. The firm has a market capitalization of $9.95 billion, a price-to-earnings ratio of 24.91 and a beta of 0.97. Dimensional US High Profitability ETF has a one year low of $28.68 and a one year high of $38.60. The business has a fifty day moving average price of $37.52 and a 200-day moving average price of $35.82.

Dimensional US High Profitability ETF Company 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.