Phillips Financial Management LLC Purchases 93,665 Shares of Dimensional US High Profitability ETF $DUHP

Phillips Financial Management LLC raised its position in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 9.5% during the 2nd quarter, Holdings Channel.com reports. The firm owned 1,079,305 shares of the company’s stock after acquiring an additional 93,665 shares during the quarter. Dimensional US High Profitability ETF accounts for about 2.8% of Phillips Financial Management LLC’s investment portfolio, making the stock its 10th biggest position. Phillips Financial Management LLC’s holdings in Dimensional US High Profitability ETF were worth $38,380,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Assetmark Inc. boosted its holdings in shares of Dimensional US High Profitability ETF by 1,127.5% in the first quarter. Assetmark Inc. now owns 2,725 shares of the company’s stock valued at $90,000 after acquiring an additional 2,503 shares in the last quarter. SJS Investment Consulting Inc. bought a new position in shares of Dimensional US High Profitability ETF in the second quarter valued at approximately $101,000. Tradewinds Capital Management LLC bought a new position in shares of Dimensional US High Profitability ETF in the first quarter valued at approximately $106,000. Fortitude Family Office LLC boosted its holdings in shares of Dimensional US High Profitability ETF by 26.5% in the second quarter. Fortitude Family Office LLC now owns 4,520 shares of the company’s stock valued at $161,000 after acquiring an additional 947 shares in the last quarter. Finally, Maseco LLP bought a new position in shares of Dimensional US High Profitability ETF in the second quarter valued at approximately $185,000.

Dimensional US High Profitability ETF Price Performance

Dimensional US High Profitability ETF stock opened at $38.02 on Wednesday. The firm has a 50 day simple moving average of $37.31 and a 200-day simple moving average of $35.34. The stock has a market capitalization of $9.89 billion, a PE ratio of 24.91 and a beta of 0.98. Dimensional US High Profitability ETF has a 12-month low of $28.68 and a 12-month high of $38.34.

Dimensional US High Profitability ETF Company 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.