Mattern Wealth Management LLC Cuts Stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Mattern Wealth Management LLC reduced its position in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 36.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 35,844 shares of the company’s stock after selling 20,960 shares during the quarter. Mattern Wealth Management LLC’s holdings in Dimensional US High Profitability ETF were worth $1,211,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Level Financial Advisors increased its holdings in Dimensional US High Profitability ETF by 4.8% during the 4th quarter. Level Financial Advisors now owns 346,427 shares of the company’s stock worth $11,706,000 after acquiring an additional 15,820 shares during the period. Two West Capital Advisors LLC boosted its position in Dimensional US High Profitability ETF by 6.4% during the 4th quarter. Two West Capital Advisors LLC now owns 80,837 shares of the company’s stock valued at $2,731,000 after buying an additional 4,849 shares during the period. Blue Trust Inc. grew its position in shares of Dimensional US High Profitability ETF by 88.9% in the 4th quarter. Blue Trust Inc. now owns 87,195 shares of the company’s stock worth $2,971,000 after buying an additional 41,045 shares during the last quarter. Bryant Woods Investment Advisors LLC purchased a new position in Dimensional US High Profitability ETF during the 4th quarter valued at $543,000. Finally, Archford Capital Strategies LLC bought a new position in Dimensional US High Profitability ETF in the fourth quarter worth about $289,000.

Dimensional US High Profitability ETF Price Performance

NYSEARCA:DUHP opened at $34.74 on Tuesday. The company’s 50-day simple moving average is $34.59 and its 200 day simple moving average is $33.84. The firm has a market capitalization of $5.99 billion, a P/E ratio of 21.58 and a beta of 0.92. Dimensional US High Profitability ETF has a one year low of $29.14 and a one year high of $35.79.

About Dimensional US High Profitability ETF

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.