Northwestern Mutual Wealth Management Co. Has $55.39 Million Stake in Dimensional US High Profitability ETF $DUHP

Northwestern Mutual Wealth Management Co. increased its position in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 5,312.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,456,563 shares of the company’s stock after purchasing an additional 1,429,651 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Dimensional US High Profitability ETF were worth $55,393,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Geneos Wealth Management Inc. bought a new position in Dimensional US High Profitability ETF in the fourth quarter worth $33,000. Optiver Holding B.V. bought a new position in Dimensional US High Profitability ETF in the third quarter worth $63,000. VSM Wealth Advisory LLC lifted its position in Dimensional US High Profitability ETF by 74.4% in the third quarter. VSM Wealth Advisory LLC now owns 1,744 shares of the company’s stock worth $66,000 after purchasing an additional 744 shares during the period. Huntington National Bank bought a new position in Dimensional US High Profitability ETF in the third quarter worth $84,000. Finally, Advisory Services Network LLC bought a new position in Dimensional US High Profitability ETF in the third quarter worth $160,000.

Dimensional US High Profitability ETF Price Performance

Shares of DUHP stock opened at $39.86 on Monday. The stock has a market cap of $11.54 billion, a P/E ratio of 24.91 and a beta of 0.94. Dimensional US High Profitability ETF has a one year low of $33.45 and a one year high of $40.31. The stock has a fifty day moving average price of $38.27 and a 200 day moving average price of $38.30.

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.