MB Generational Wealth LLC Has $18.55 Million Stock Position in Dimensional US High Profitability ETF (NYSEARCA:DUHP)

MB Generational Wealth LLC trimmed its position in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 0.2% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 544,316 shares of the company’s stock after selling 1,180 shares during the period. Dimensional US High Profitability ETF makes up 13.4% of MB Generational Wealth LLC’s holdings, making the stock its 2nd biggest holding. MB Generational Wealth LLC’s holdings in Dimensional US High Profitability ETF were worth $18,545,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Truist Financial Corp increased its stake in shares of Dimensional US High Profitability ETF by 24.2% in the second quarter. Truist Financial Corp now owns 68,721 shares of the company’s stock worth $2,198,000 after buying an additional 13,406 shares during the period. Private Advisor Group LLC increased its stake in shares of Dimensional US High Profitability ETF by 31.6% in the third quarter. Private Advisor Group LLC now owns 95,874 shares of the company’s stock worth $3,266,000 after buying an additional 23,010 shares during the period. Austin Asset Management Co Inc purchased a new position in shares of Dimensional US High Profitability ETF in the second quarter worth $1,668,000. Atria Wealth Solutions Inc. increased its stake in shares of Dimensional US High Profitability ETF by 2.7% in the second quarter. Atria Wealth Solutions Inc. now owns 26,350 shares of the company’s stock worth $843,000 after buying an additional 700 shares during the period. Finally, Cambridge Investment Research Advisors Inc. increased its stake in shares of Dimensional US High Profitability ETF by 14.5% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 102,549 shares of the company’s stock worth $3,281,000 after buying an additional 13,007 shares during the period.

Dimensional US High Profitability ETF Stock Down 1.4 %

Shares of NYSEARCA DUHP opened at $34.28 on Monday. The firm’s fifty day moving average is $34.15 and its 200 day moving average is $32.76. The company has a market cap of $5.91 billion, a price-to-earnings ratio of 21.58 and a beta of 0.92. Dimensional US High Profitability ETF has a 52 week low of $26.73 and a 52 week high of $35.37.

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.