Farther Finance Advisors LLC Boosts Stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Farther Finance Advisors LLC increased its holdings in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 195.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 89,083 shares of the company’s stock after acquiring an additional 58,908 shares during the quarter. Farther Finance Advisors LLC owned approximately 0.05% of Dimensional US High Profitability ETF worth $3,035,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Mercer Global Advisors Inc. ADV raised its position in shares of Dimensional US High Profitability ETF by 16.4% in 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 in the last quarter. Envestnet Asset Management Inc. raised its holdings in Dimensional US High Profitability ETF by 14.7% in the second quarter. Envestnet Asset Management Inc. now owns 29,430,960 shares of the company’s stock valued at $941,496,000 after acquiring an additional 3,781,741 shares in the last quarter. Foster Group Inc. boosted its stake in Dimensional US High Profitability ETF by 17,602.4% during the 2nd quarter. Foster Group Inc. now owns 2,043,924 shares of the company’s stock valued at $65,385,000 after acquiring an additional 2,032,378 shares during the last quarter. Beaird Harris Wealth Management LLC acquired a new position in Dimensional US High Profitability ETF during the 2nd quarter worth $34,026,000. Finally, Pure Financial Advisors LLC increased its position in shares of Dimensional US High Profitability ETF by 42.5% in the 2nd quarter. Pure Financial Advisors LLC now owns 3,427,780 shares of the company’s stock worth $109,655,000 after purchasing an additional 1,022,870 shares during the last quarter.

Dimensional US High Profitability ETF Stock Performance

Shares of Dimensional US High Profitability ETF stock opened at $33.78 on Friday. Dimensional US High Profitability ETF has a 1 year low of $25.53 and a 1 year high of $35.00. The firm’s 50-day simple moving average is $33.84 and its 200-day simple moving average is $32.40. The firm has a market cap of $5.82 billion, a PE 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.