Forvis Mazars Wealth Advisors LLC Sells 172,372 Shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Forvis Mazars Wealth Advisors LLC reduced its stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 9.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,640,474 shares of the company’s stock after selling 172,372 shares during the period. Dimensional US High Profitability ETF accounts for 1.3% of Forvis Mazars Wealth Advisors LLC’s holdings, making the stock its 13th biggest holding. Forvis Mazars Wealth Advisors LLC’s holdings in Dimensional US High Profitability ETF were worth $55,432,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. MilWealth Group LLC bought a new stake in shares of Dimensional US High Profitability ETF during the fourth quarter worth about $27,000. Principal Securities Inc. boosted its holdings in Dimensional US High Profitability ETF by 174.2% during the fourth quarter. Principal Securities Inc. now owns 894 shares of the company’s stock worth $30,000 after purchasing an additional 568 shares during the last quarter. Hantz Financial Services Inc. purchased a new position in Dimensional US High Profitability ETF during the fourth quarter worth about $31,000. Synergy Asset Management LLC purchased a new position in Dimensional US High Profitability ETF during the fourth quarter worth about $35,000. Finally, Fortitude Family Office LLC purchased a new position in Dimensional US High Profitability ETF during the third quarter worth about $91,000.

Dimensional US High Profitability ETF Stock Performance

Dimensional US High Profitability ETF stock opened at $35.20 on Friday. Dimensional US High Profitability ETF has a fifty-two week low of $29.63 and a fifty-two week high of $35.83. The stock has a market cap of $6.06 billion, a PE ratio of 21.58 and a beta of 0.92. The firm’s 50-day simple moving average is $34.58 and its 200 day simple moving average is $34.23.

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.