Savvy Advisors Inc. Invests $210,000 in Dimensional US High Profitability ETF $DUHP

Savvy Advisors Inc. bought a new stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 5,916 shares of the company’s stock, valued at approximately $210,000.

A number of other institutional investors have also added to or reduced their stakes in DUHP. Envestnet Asset Management Inc. increased its stake in Dimensional US High Profitability ETF by 4.3% during the second quarter. Envestnet Asset Management Inc. now owns 36,539,311 shares of the company’s stock valued at $1,299,338,000 after acquiring an additional 1,507,394 shares during the period. Focus Partners Wealth grew its holdings in shares of Dimensional US High Profitability ETF by 321.0% during the 1st quarter. Focus Partners Wealth now owns 10,998,637 shares of the company’s stock worth $364,495,000 after purchasing an additional 8,386,204 shares in the last quarter. Forum Financial Management LP increased its position in shares of Dimensional US High Profitability ETF by 3.3% during the second quarter. Forum Financial Management LP now owns 7,169,400 shares of the company’s stock valued at $254,944,000 after purchasing an additional 231,876 shares during the period. Pure Financial Advisors LLC increased its position in shares of Dimensional US High Profitability ETF by 3.9% during the second quarter. Pure Financial Advisors LLC now owns 6,365,367 shares of the company’s stock valued at $226,352,000 after purchasing an additional 236,264 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Dimensional US High Profitability ETF by 4.2% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 2,872,164 shares of the company’s stock valued at $103,972,000 after purchasing an additional 116,457 shares in the last quarter.

Dimensional US High Profitability ETF Price Performance

Shares of DUHP stock opened at $37.95 on Monday. Dimensional US High Profitability ETF has a one year low of $28.68 and a one year high of $38.60. The stock has a fifty day moving average price of $37.52 and a 200 day moving average price of $35.82. The stock has a market cap of $9.95 billion, a P/E ratio of 24.91 and a beta of 0.97.

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.