Ocean Park Asset Management LLC Buys Shares of 299,351 Dimensional US High Profitability ETF $DUHP

Ocean Park Asset Management LLC acquired a new stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 299,351 shares of the company’s stock, valued at approximately $11,001,000.

Other large investors have also bought and sold shares of the company. Petersen Hastings Wealth Advisors Inc. acquired a new position in shares of Dimensional US High Profitability ETF in the fourth quarter worth approximately $108,832,000. Mercer Global Advisors Inc. ADV grew its stake in shares of Dimensional US High Profitability ETF by 6.2% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 42,604,612 shares of the company’s stock valued at $1,609,176,000 after buying an additional 2,484,185 shares during the period. Allworth Financial LP grew its stake in shares of Dimensional US High Profitability ETF by 187.4% in the 3rd quarter. Allworth Financial LP now owns 2,961,456 shares of the company’s stock valued at $111,854,000 after buying an additional 1,931,114 shares during the period. Corient Private Wealth LLC increased its position in Dimensional US High Profitability ETF by 90.6% in the 4th quarter. Corient Private Wealth LLC now owns 3,310,640 shares of the company’s stock valued at $125,482,000 after buying an additional 1,573,405 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of Dimensional US High Profitability ETF by 5,312.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,456,563 shares of the company’s stock valued at $55,393,000 after acquiring an additional 1,429,651 shares in the last quarter.

Dimensional US High Profitability ETF Stock Performance

DUHP opened at $41.35 on Monday. The company’s fifty day moving average price is $40.06 and its two-hundred day moving average price is $38.87. The company has a market cap of $11.97 billion, a price-to-earnings ratio of 24.91 and a beta of 0.94. Dimensional US High Profitability ETF has a 1-year low of $34.33 and a 1-year high of $41.87.

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.