Black Point Wealth Management Buys 10,834 Shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Black Point Wealth Management grew its stake in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 12.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 96,179 shares of the company’s stock after acquiring an additional 10,834 shares during the period. Dimensional US High Profitability ETF comprises about 3.8% of Black Point Wealth Management’s holdings, making the stock its 5th biggest position. Black Point Wealth Management owned about 0.06% of Dimensional US High Profitability ETF worth $3,277,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of DUHP. Mather Group LLC. purchased a new position in Dimensional US High Profitability ETF during the first quarter worth $65,000. Global Trust Asset Management LLC raised its stake in Dimensional US High Profitability ETF by 2.0% in the 1st quarter. Global Trust Asset Management LLC now owns 35,112 shares of the company’s stock valued at $1,110,000 after purchasing an additional 700 shares during the last quarter. Nova R Wealth Inc. purchased a new position in Dimensional US High Profitability ETF in the 1st quarter valued at about $308,000. CGN Advisors LLC lifted its holdings in Dimensional US High Profitability ETF by 2.9% in the 1st quarter. CGN Advisors LLC now owns 16,523 shares of the company’s stock valued at $522,000 after purchasing an additional 460 shares in the last quarter. Finally, Unison Advisors LLC boosted its stake in shares of Dimensional US High Profitability ETF by 73.0% during the 1st quarter. Unison Advisors LLC now owns 13,043 shares of the company’s stock worth $412,000 after purchasing an additional 5,504 shares during the last quarter.

Dimensional US High Profitability ETF Price Performance

DUHP stock traded up $0.07 during midday trading on Friday, hitting $34.81. The stock had a trading volume of 467,124 shares, compared to its average volume of 767,230. The company’s 50-day moving average price is $33.56 and its 200 day moving average price is $32.18. The firm has a market cap of $6.00 billion, a PE ratio of 21.58 and a beta of 0.92. Dimensional US High Profitability ETF has a 12-month low of $24.69 and a 12-month high of $35.00.

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.