Legacy Financial Group Inc. lifted its stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP – Free Report) by 16.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 191,085 shares of the company’s stock after acquiring an additional 27,295 shares during the period. Dimensional US High Profitability ETF makes up about 2.7% of Legacy Financial Group Inc.’s holdings, making the stock its 16th largest holding. Legacy Financial Group Inc. owned 0.29% of Dimensional US High Profitability ETF worth $4,804,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also recently made changes to their positions in DUHP. Envestnet Asset Management Inc. boosted its holdings in shares of Dimensional US High Profitability ETF by 74.1% in the first quarter. Envestnet Asset Management Inc. now owns 6,892,552 shares of the company’s stock worth $173,279,000 after acquiring an additional 2,933,670 shares during the period. Mercer Global Advisors Inc. ADV raised its position in shares of Dimensional US High Profitability ETF by 859.3% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 2,952,582 shares of the company’s stock worth $70,892,000 after buying an additional 2,644,791 shares in the last quarter. Efficient Advisors LLC purchased a new stake in shares of Dimensional US High Profitability ETF in the fourth quarter worth $25,934,000. Liberty Wealth Management LLC purchased a new stake in shares of Dimensional US High Profitability ETF in the first quarter worth $24,614,000. Finally, HighTower Advisors LLC raised its position in shares of Dimensional US High Profitability ETF by 71.8% in the first quarter. HighTower Advisors LLC now owns 2,165,861 shares of the company’s stock worth $54,461,000 after buying an additional 904,846 shares in the last quarter.
Dimensional US High Profitability ETF Stock Down 0.7 %
Shares of DUHP stock traded down $0.19 on Wednesday, reaching $26.89. The company’s stock had a trading volume of 78,508 shares, compared to its average volume of 525,467. Dimensional US High Profitability ETF has a 12-month low of $21.09 and a 12-month high of $27.35. The company has a market capitalization of $2.89 billion, a P/E ratio of 17.09 and a beta of 0.98. The stock’s 50 day simple moving average is $26.83 and its 200-day simple moving average is $25.62.
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.
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