Mercer Global Advisors Inc. ADV Boosts Stock Holdings in Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Mercer Global Advisors Inc. ADV raised its stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 16.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 30,626,311 shares of the company’s stock after buying an additional 4,313,841 shares during the period. Dimensional US High Profitability ETF makes up about 2.3% of Mercer Global Advisors Inc. ADV’s investment portfolio, making the stock its 8th largest holding. Mercer Global Advisors Inc. ADV owned approximately 17.77% of Dimensional US High Profitability ETF worth $919,734,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. Disciplined Investments LLC increased its holdings in shares of Dimensional US High Profitability ETF by 65.9% in the second quarter. Disciplined Investments LLC now owns 18,732 shares of the company’s stock valued at $599,000 after buying an additional 7,441 shares in the last quarter. L & S Advisors Inc raised its stake in Dimensional US High Profitability ETF by 0.6% during the 2nd quarter. L & S Advisors Inc now owns 108,089 shares of the company’s stock valued at $3,458,000 after purchasing an additional 612 shares during the period. Marshall Financial Group Inc. ADV acquired a new stake in Dimensional US High Profitability ETF during the 2nd quarter valued at $219,000. Grunden Financial Advisory Inc. raised its stake in Dimensional US High Profitability ETF by 2.8% during the 2nd quarter. Grunden Financial Advisory Inc. now owns 815,968 shares of the company’s stock valued at $26,103,000 after purchasing an additional 21,973 shares during the period. Finally, Mills Wealth Advisors LLC raised its stake in Dimensional US High Profitability ETF by 11.5% during the 2nd quarter. Mills Wealth Advisors LLC now owns 227,306 shares of the company’s stock valued at $7,272,000 after purchasing an additional 23,355 shares during the period.

Dimensional US High Profitability ETF Stock Up 0.0 %

Shares of NYSEARCA:DUHP opened at $33.55 on Wednesday. The company’s fifty day moving average is $32.62 and its two-hundred day moving average is $31.69. Dimensional US High Profitability ETF has a 12-month low of $24.69 and a 12-month high of $33.72. The company has a market cap of $5.78 billion, a P/E ratio of 21.58 and a beta of 0.92.

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.