Merriman Wealth Management LLC Buys 108,172 Shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Merriman Wealth Management LLC grew its stake in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 1.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,211,229 shares of the company’s stock after purchasing an additional 108,172 shares during the quarter. Dimensional US High Profitability ETF accounts for 11.5% of Merriman Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest position. Merriman Wealth Management LLC owned 4.77% of Dimensional US High Profitability ETF worth $262,677,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of DUHP. Aveo Capital Partners LLC lifted its stake in shares of Dimensional US High Profitability ETF by 4.6% in the fourth quarter. Aveo Capital Partners LLC now owns 357,470 shares of the company’s stock worth $10,227,000 after acquiring an additional 15,613 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in Dimensional US High Profitability ETF by 25.3% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 88,695 shares of the company’s stock valued at $2,538,000 after buying an additional 17,933 shares in the last quarter. Orion Portfolio Solutions LLC raised its stake in Dimensional US High Profitability ETF by 29.1% during the fourth quarter. Orion Portfolio Solutions LLC now owns 18,013 shares of the company’s stock valued at $513,000 after buying an additional 4,055 shares in the last quarter. Schubert & Co raised its stake in Dimensional US High Profitability ETF by 5.1% during the fourth quarter. Schubert & Co now owns 56,701 shares of the company’s stock valued at $1,622,000 after buying an additional 2,755 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC acquired a new stake in Dimensional US High Profitability ETF during the fourth quarter valued at approximately $325,000.

Dimensional US High Profitability ETF Stock Down 0.4 %

Shares of NYSEARCA DUHP opened at $33.73 on Friday. The stock’s 50 day moving average price is $32.70 and its two-hundred day moving average price is $31.75. Dimensional US High Profitability ETF has a 52-week low of $24.69 and a 52-week high of $33.95. The stock has a market capitalization of $5.81 billion, a P/E 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.