Dimensional US High Profitability ETF (NYSEARCA:DUHP) Stake Boosted by Mercer Global Advisors Inc. ADV

Mercer Global Advisors Inc. ADV grew its stake in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 16.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 30,626,311 shares of the company’s stock after acquiring an additional 4,313,841 shares during the period. Dimensional US High Profitability ETF accounts for 2.3% of Mercer Global Advisors Inc. ADV’s investment portfolio, making the stock its 8th biggest holding. Mercer Global Advisors Inc. ADV owned 0.18% of Dimensional US High Profitability ETF worth $919,734,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of DUHP. Mather Group LLC. bought a new stake in Dimensional US High Profitability ETF in the first quarter worth $65,000. CWM LLC bought a new stake in Dimensional US High Profitability ETF in the second quarter worth $66,000. Lynx Investment Advisory bought a new stake in Dimensional US High Profitability ETF in the second quarter worth $83,000. Turtle Creek Wealth Advisors LLC bought a new stake in Dimensional US High Profitability ETF in the second quarter worth $115,000. Finally, Pinnacle Bancorp Inc. boosted its holdings in Dimensional US High Profitability ETF by 46.3% in the first quarter. Pinnacle Bancorp Inc. now owns 4,419 shares of the company’s stock worth $140,000 after purchasing an additional 1,398 shares in the last quarter.

Dimensional US High Profitability ETF Trading Up 0.0 %

Shares of NYSEARCA:DUHP opened at $33.55 on Wednesday. The stock has a market capitalization of $5.78 billion, a PE ratio of 21.58 and a beta of 0.92. Dimensional US High Profitability ETF has a 1 year low of $24.69 and a 1 year high of $33.72. The firm has a fifty day moving average price of $32.62 and a 200 day moving average price of $31.69.

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.