Angeles Wealth Management LLC Reduces Stock Position in Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Angeles Wealth Management LLC trimmed its position in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 15.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,433 shares of the company’s stock after selling 4,321 shares during the period. Angeles Wealth Management LLC’s holdings in Dimensional US High Profitability ETF were worth $750,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. CWM LLC purchased a new position in shares of Dimensional US High Profitability ETF during the second quarter valued at approximately $66,000. Mather Group LLC. purchased a new position in shares of Dimensional US High Profitability ETF during the 1st quarter worth $65,000. Lynx Investment Advisory purchased a new position in shares of Dimensional US High Profitability ETF during the 2nd quarter worth $83,000. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of Dimensional US High Profitability ETF during the second quarter worth $115,000. Finally, Pinnacle Bancorp Inc. grew its position in shares of 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 valued at $140,000 after purchasing an additional 1,398 shares during the period.

Dimensional US High Profitability ETF Price Performance

DUHP opened at $32.90 on Wednesday. Dimensional US High Profitability ETF has a 12 month low of $24.69 and a 12 month high of $33.60. The business has a 50-day moving average of $32.52 and a two-hundred day moving average of $31.61. The stock has a market capitalization of $5.67 billion, a price-to-earnings ratio of 21.58 and a beta of 0.92.

Dimensional US High Profitability ETF Company Profile

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.