EnRich Financial Partners LLC Decreases Stock Holdings in Dimensional US High Profitability ETF (NYSEARCA:DUHP)

EnRich Financial Partners LLC cut its stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 3.7% in the third quarter, HoldingsChannel reports. The institutional investor owned 19,355 shares of the company’s stock after selling 749 shares during the quarter. Dimensional US High Profitability ETF makes up approximately 0.2% of EnRich Financial Partners LLC’s portfolio, making the stock its 29th biggest holding. EnRich Financial Partners LLC’s holdings in Dimensional US High Profitability ETF were worth $659,000 at the end of the most recent quarter.

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

Dimensional US High Profitability ETF Trading Up 0.2 %

Shares of DUHP opened at $34.35 on Tuesday. Dimensional US High Profitability ETF has a 12-month low of $26.91 and a 12-month high of $35.37. The stock has a market cap of $5.92 billion, a P/E ratio of 21.58 and a beta of 0.92. The company has a 50-day moving average of $34.19 and a two-hundred day moving average of $32.79.

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.