Index Fund Advisors Inc. Has $865,000 Position in Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Index Fund Advisors Inc. raised its position in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 2.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,377 shares of the company’s stock after purchasing an additional 712 shares during the quarter. Index Fund Advisors Inc.’s holdings in Dimensional US High Profitability ETF were worth $865,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Mercer Global Advisors Inc. ADV increased its position in Dimensional US High Profitability ETF by 16.4% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 30,626,311 shares of the company’s stock valued at $919,734,000 after purchasing an additional 4,313,841 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Dimensional US High Profitability ETF by 14.7% during the second quarter. Envestnet Asset Management Inc. now owns 29,430,960 shares of the company’s stock worth $941,496,000 after buying an additional 3,781,741 shares during the period. Merriman Wealth Management LLC raised its stake in Dimensional US High Profitability ETF by 1.3% during the second quarter. Merriman Wealth Management LLC now owns 8,211,229 shares of the company’s stock worth $262,677,000 after buying an additional 108,172 shares during the last quarter. Adero Partners LLC lifted its holdings in Dimensional US High Profitability ETF by 0.9% in the second quarter. Adero Partners LLC now owns 6,751,837 shares of the company’s stock valued at $215,991,000 after buying an additional 60,635 shares during the period. Finally, Pure Financial Advisors LLC boosted its position in Dimensional US High Profitability ETF by 42.5% during the second quarter. Pure Financial Advisors LLC now owns 3,427,780 shares of the company’s stock valued at $109,655,000 after acquiring an additional 1,022,870 shares during the last quarter.

Dimensional US High Profitability ETF Stock Performance

Shares of NYSEARCA:DUHP traded down $0.10 during midday trading on Thursday, reaching $34.28. The company’s stock had a trading volume of 25,346 shares, compared to its average volume of 759,852. Dimensional US High Profitability ETF has a fifty-two week low of $24.69 and a fifty-two week high of $35.00. The firm has a 50 day moving average price of $33.71 and a two-hundred day moving average price of $32.25. The firm has a market capitalization of $5.91 billion, a price-to-earnings 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.