Royal Bank of Canada Lowers Position in Dimensional US High Profitability ETF $DUHP

Royal Bank of Canada reduced its stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 6.5% in the first quarter, HoldingsChannel reports. The institutional investor owned 360,125 shares of the company’s stock after selling 25,192 shares during the quarter. Royal Bank of Canada’s holdings in Dimensional US High Profitability ETF were worth $11,934,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Modera Wealth Management LLC boosted its stake in shares of Dimensional US High Profitability ETF by 1.1% in the 1st quarter. Modera Wealth Management LLC now owns 29,308 shares of the company’s stock worth $971,000 after buying an additional 310 shares during the last quarter. Heritage Investment Group Inc. boosted its stake in shares of Dimensional US High Profitability ETF by 3.0% in the 1st quarter. Heritage Investment Group Inc. now owns 10,662 shares of the company’s stock worth $353,000 after buying an additional 312 shares during the last quarter. Atria Wealth Solutions Inc. increased its position in shares of Dimensional US High Profitability ETF by 1.2% during the 1st quarter. Atria Wealth Solutions Inc. now owns 27,521 shares of the company’s stock valued at $912,000 after purchasing an additional 335 shares during the last quarter. Tcfg Wealth Management LLC increased its position in shares of Dimensional US High Profitability ETF by 1.4% during the 1st quarter. Tcfg Wealth Management LLC now owns 27,004 shares of the company’s stock valued at $895,000 after purchasing an additional 361 shares during the last quarter. Finally, Waterfront Wealth Inc. increased its position in shares of Dimensional US High Profitability ETF by 0.3% during the 1st quarter. Waterfront Wealth Inc. now owns 131,045 shares of the company’s stock valued at $4,343,000 after purchasing an additional 420 shares during the last quarter.

Dimensional US High Profitability ETF Price Performance

Shares of Dimensional US High Profitability ETF stock opened at $37.46 on Friday. Dimensional US High Profitability ETF has a 1 year low of $28.68 and a 1 year high of $37.49. The firm has a market cap of $9.29 billion, a PE ratio of 24.91 and a beta of 0.98. The stock has a fifty day moving average price of $36.49 and a 200-day moving average price of $34.54.

Dimensional US High Profitability ETF 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.