Transcend Capital Advisors LLC Invests $3.01 Million in Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Transcend Capital Advisors LLC purchased a new position in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 90,759 shares of the company’s stock, valued at approximately $3,008,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Principal Securities Inc. grew its position in Dimensional US High Profitability ETF by 174.2% in the 4th quarter. Principal Securities Inc. now owns 894 shares of the company’s stock valued at $30,000 after buying an additional 568 shares in the last quarter. Providence First Trust Co bought a new position in Dimensional US High Profitability ETF in the 4th quarter valued at about $34,000. VSM Wealth Advisory LLC acquired a new stake in Dimensional US High Profitability ETF in the 4th quarter valued at about $47,000. Rialto Wealth Management LLC acquired a new stake in Dimensional US High Profitability ETF in the 4th quarter valued at about $74,000. Finally, Morse Asset Management Inc acquired a new stake in Dimensional US High Profitability ETF in the 4th quarter valued at about $79,000.

Dimensional US High Profitability ETF Trading Up 0.5%

Shares of NYSEARCA DUHP opened at $35.15 on Friday. Dimensional US High Profitability ETF has a twelve month low of $28.68 and a twelve month high of $35.83. The company has a market capitalization of $8.52 billion, a price-to-earnings ratio of 26.41 and a beta of 0.98. The firm has a 50-day moving average of $33.83 and a two-hundred day moving average of $33.86.

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.