Arcadia Wealth Management Inc. Acquires 8,189 Shares of Dimensional US High Profitability ETF $DUHP

Arcadia Wealth Management Inc. boosted its holdings in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 12.0% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 76,503 shares of the company’s stock after purchasing an additional 8,189 shares during the period. Dimensional US High Profitability ETF accounts for approximately 1.9% of Arcadia Wealth Management Inc.’s portfolio, making the stock its 11th biggest position. Arcadia Wealth Management Inc.’s holdings in Dimensional US High Profitability ETF were worth $2,720,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Assetmark Inc. lifted its holdings in Dimensional US High Profitability ETF by 1,127.5% during the first quarter. Assetmark Inc. now owns 2,725 shares of the company’s stock worth $90,000 after acquiring an additional 2,503 shares in the last quarter. SJS Investment Consulting Inc. acquired a new stake in shares of Dimensional US High Profitability ETF in the 2nd quarter valued at about $101,000. First Command Advisory Services Inc. acquired a new stake in shares of Dimensional US High Profitability ETF in the 2nd quarter valued at about $107,000. Fortitude Family Office LLC raised its stake in shares of Dimensional US High Profitability ETF by 26.5% in the 2nd quarter. Fortitude Family Office LLC now owns 4,520 shares of the company’s stock valued at $161,000 after purchasing an additional 947 shares during the period. Finally, Maseco LLP acquired a new stake in shares of Dimensional US High Profitability ETF in the 2nd quarter valued at about $185,000.

Dimensional US High Profitability ETF Price Performance

DUHP opened at $38.46 on Wednesday. The business’s 50-day moving average price is $37.44 and its two-hundred day moving average price is $35.64. Dimensional US High Profitability ETF has a 1 year low of $28.68 and a 1 year high of $38.56. The company has a market capitalization of $10.07 billion, a price-to-earnings ratio of 24.91 and a beta of 0.97.

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.