DiNuzzo Private Wealth Inc. Buys Shares of 1,328,775 Dimensional US High Profitability ETF (NYSEARCA:DUHP)

DiNuzzo Private Wealth Inc. bought a new stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,328,775 shares of the company’s stock, valued at approximately $38,016,000. Dimensional US High Profitability ETF comprises 5.4% of DiNuzzo Private Wealth Inc.’s investment portfolio, making the stock its 7th biggest position. DiNuzzo Private Wealth Inc. owned 1.24% of Dimensional US High Profitability ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Savant Capital LLC purchased a new position in shares of Dimensional US High Profitability ETF in the 4th quarter valued at approximately $3,997,000. Bridgewater Advisors Inc. grew its stake in shares of Dimensional US High Profitability ETF by 52.1% in the 4th quarter. Bridgewater Advisors Inc. now owns 291,402 shares of the company’s stock valued at $8,337,000 after purchasing an additional 99,818 shares during the last quarter. Brighton Jones LLC grew its stake in shares of Dimensional US High Profitability ETF by 2.9% in the 4th quarter. Brighton Jones LLC now owns 18,713 shares of the company’s stock valued at $535,000 after purchasing an additional 530 shares during the last quarter. Truist Financial Corp grew its stake in shares of Dimensional US High Profitability ETF by 18.5% in the 4th quarter. Truist Financial Corp now owns 58,645 shares of the company’s stock valued at $1,678,000 after purchasing an additional 9,145 shares during the last quarter. Finally, Alesco Advisors LLC purchased a new position in shares of Dimensional US High Profitability ETF in the 4th quarter valued at approximately $66,181,000.

Dimensional US High Profitability ETF Price Performance

Shares of DUHP stock traded down $0.12 during midday trading on Wednesday, hitting $29.94. The company had a trading volume of 336,109 shares, compared to its average volume of 854,124. The company’s 50 day simple moving average is $30.79 and its 200 day simple moving average is $28.89. Dimensional US High Profitability ETF has a 52-week low of $24.46 and a 52-week high of $31.72. The stock has a market cap of $5.00 billion, a price-to-earnings ratio of 21.23 and a beta of 0.98.

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.