Index Fund Advisors Inc. Boosts Holdings in Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Index Fund Advisors Inc. raised its holdings in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 8.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 27,598 shares of the company’s stock after acquiring an additional 2,221 shares during the period. Index Fund Advisors Inc.’s holdings in Dimensional US High Profitability ETF were worth $933,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Adero Partners LLC grew its position in shares of Dimensional US High Profitability ETF by 2.5% during the 4th quarter. Adero Partners LLC now owns 6,907,324 shares of the company’s stock valued at $233,398,000 after acquiring an additional 170,221 shares during the period. Forum Financial Management LP lifted its position in Dimensional US High Profitability ETF by 2.4% during the third quarter. Forum Financial Management LP now owns 6,842,864 shares of the company’s stock valued at $233,136,000 after purchasing an additional 160,574 shares in the last quarter. Pure Financial Advisors LLC grew its holdings in Dimensional US High Profitability ETF by 18.0% during the fourth quarter. Pure Financial Advisors LLC now owns 5,461,842 shares of the company’s stock valued at $184,556,000 after purchasing an additional 833,291 shares during the period. Aprio Wealth Management LLC raised its stake in shares of Dimensional US High Profitability ETF by 8.2% in the fourth quarter. Aprio Wealth Management LLC now owns 2,570,342 shares of the company’s stock worth $86,852,000 after buying an additional 195,678 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Dimensional US High Profitability ETF by 21.4% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 2,567,212 shares of the company’s stock worth $87,465,000 after buying an additional 452,201 shares during the period.

Dimensional US High Profitability ETF Trading Up 0.7 %

Shares of NYSEARCA:DUHP opened at $35.19 on Tuesday. The stock has a 50 day moving average of $34.55 and a 200 day moving average of $34.01. The company has a market cap of $6.06 billion, a PE ratio of 21.58 and a beta of 0.92. Dimensional US High Profitability ETF has a 12-month low of $29.52 and a 12-month high of $35.79.

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.