Bridgewater Advisors Inc. Buys 99,818 Shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Bridgewater Advisors Inc. boosted its stake in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 52.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 291,402 shares of the company’s stock after acquiring an additional 99,818 shares during the period. Dimensional US High Profitability ETF accounts for 1.3% of Bridgewater Advisors Inc.’s portfolio, making the stock its 19th largest holding. Bridgewater Advisors Inc. owned approximately 0.27% of Dimensional US High Profitability ETF worth $8,337,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. Brighton Jones LLC lifted its holdings in shares of Dimensional US High Profitability ETF by 2.9% in the 4th quarter. Brighton Jones LLC now owns 18,713 shares of the company’s stock worth $535,000 after acquiring an additional 530 shares during the last quarter. Truist Financial Corp boosted its holdings in Dimensional US High Profitability ETF by 18.5% during the 4th quarter. Truist Financial Corp now owns 58,645 shares of the company’s stock valued at $1,678,000 after acquiring an additional 9,145 shares during the period. Alesco Advisors LLC bought a new position in Dimensional US High Profitability ETF in the 4th quarter valued at $66,181,000. Retirement Solution Inc. increased its stake in Dimensional US High Profitability ETF by 1.4% in the fourth quarter. Retirement Solution Inc. now owns 716,342 shares of the company’s stock worth $20,495,000 after purchasing an additional 9,914 shares during the period. Finally, Atria Wealth Solutions Inc. lifted its position in shares of Dimensional US High Profitability ETF by 12.7% during the fourth quarter. Atria Wealth Solutions Inc. now owns 23,900 shares of the company’s stock worth $684,000 after purchasing an additional 2,700 shares during the last quarter.

Dimensional US High Profitability ETF Stock Performance

DUHP traded down $0.42 during trading on Tuesday, hitting $30.06. 770,762 shares of the stock were exchanged, compared to its average volume of 860,486. The firm has a market cap of $5.02 billion, a price-to-earnings ratio of 21.23 and a beta of 0.98. The firm has a 50 day simple moving average of $30.79 and a 200 day simple moving average of $28.87. Dimensional US High Profitability ETF has a 1 year low of $24.46 and a 1 year high of $31.72.

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.