Sax Wealth Advisors LLC Trims Stock Holdings in Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Sax Wealth Advisors LLC lessened its stake in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 23.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 737,534 shares of the company’s stock after selling 221,110 shares during the quarter. Dimensional US High Profitability ETF makes up approximately 2.0% of Sax Wealth Advisors LLC’s holdings, making the stock its 11th largest holding. Sax Wealth Advisors LLC owned 0.43% of Dimensional US High Profitability ETF worth $24,921,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. AE Wealth Management LLC grew its holdings in shares of Dimensional US High Profitability ETF by 5.8% during the second quarter. AE Wealth Management LLC now owns 503,946 shares of the company’s stock worth $16,121,000 after buying an additional 27,804 shares in the last quarter. Merriman Wealth Management LLC grew its stake in Dimensional US High Profitability ETF by 1.3% in the 2nd quarter. Merriman Wealth Management LLC now owns 8,211,229 shares of the company’s stock worth $262,677,000 after acquiring an additional 108,172 shares during the period. Great Oak Capital Partners LLC grew its stake in Dimensional US High Profitability ETF by 30.4% in the 2nd quarter. Great Oak Capital Partners LLC now owns 870,685 shares of the company’s stock worth $27,653,000 after acquiring an additional 203,218 shares during the period. Fidelis Capital Partners LLC raised its holdings in Dimensional US High Profitability ETF by 21.3% in the 2nd quarter. Fidelis Capital Partners LLC now owns 18,102 shares of the company’s stock valued at $558,000 after acquiring an additional 3,176 shares during the last quarter. Finally, Fairscale Capital LLC purchased a new position in shares of Dimensional US High Profitability ETF during the 2nd quarter worth $52,000.

Dimensional US High Profitability ETF Stock Up 0.5 %

Shares of NYSEARCA:DUHP opened at $34.42 on Friday. The company has a market cap of $5.93 billion, a P/E ratio of 21.58 and a beta of 0.92. The business has a fifty day simple moving average of $34.59 and a 200-day simple moving average of $33.72. Dimensional US High Profitability ETF has a 52 week low of $28.43 and a 52 week 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.