Bank of Montreal Can Buys 125,457 Shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Bank of Montreal Can raised its stake in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 6.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,035,864 shares of the company’s stock after acquiring an additional 125,457 shares during the quarter. Bank of Montreal Can’s holdings in Dimensional US High Profitability ETF were worth $69,118,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in DUHP. Mercer Global Advisors Inc. ADV boosted its position in Dimensional US High Profitability ETF by 16.4% in the second quarter. Mercer Global Advisors Inc. ADV now owns 30,626,311 shares of the company’s stock valued at $919,734,000 after buying an additional 4,313,841 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Dimensional US High Profitability ETF by 14.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 29,430,960 shares of the company’s stock worth $941,496,000 after acquiring an additional 3,781,741 shares in the last quarter. Merriman Wealth Management LLC boosted its holdings in shares of Dimensional US High Profitability ETF by 1.3% in the 2nd quarter. Merriman Wealth Management LLC now owns 8,211,229 shares of the company’s stock worth $262,677,000 after acquiring an additional 108,172 shares in the last quarter. Forum Financial Management LP grew its position in Dimensional US High Profitability ETF by 2.4% during the 3rd quarter. Forum Financial Management LP now owns 6,842,864 shares of the company’s stock worth $233,136,000 after acquiring an additional 160,574 shares during the last quarter. Finally, Adero Partners LLC boosted its stake in Dimensional US High Profitability ETF by 0.9% in the second quarter. Adero Partners LLC now owns 6,751,837 shares of the company’s stock worth $215,991,000 after purchasing an additional 60,635 shares in the last quarter.

Dimensional US High Profitability ETF Stock Performance

Shares of DUHP stock opened at $35.38 on Thursday. Dimensional US High Profitability ETF has a 52 week low of $26.98 and a 52 week high of $35.52. The stock has a market capitalization of $6.10 billion, a PE ratio of 21.58 and a beta of 0.92. The stock’s fifty day moving average is $34.38 and its 200-day moving average is $32.97.

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.