Forum Financial Management LP Buys 375,593 Shares of Dimensional US High Profitability ETF $DUHP

Forum Financial Management LP grew its stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 5.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,544,993 shares of the company’s stock after purchasing an additional 375,593 shares during the period. Dimensional US High Profitability ETF makes up approximately 3.9% of Forum Financial Management LP’s holdings, making the stock its 8th largest holding. Forum Financial Management LP’s holdings in Dimensional US High Profitability ETF were worth $284,974,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of DUHP. Phillips Financial Management LLC boosted its stake in Dimensional US High Profitability ETF by 13.3% in the 3rd quarter. Phillips Financial Management LLC now owns 1,222,533 shares of the company’s stock valued at $46,175,000 after buying an additional 143,228 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in Dimensional US High Profitability ETF by 14.4% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 12,878 shares of the company’s stock worth $486,000 after acquiring an additional 1,619 shares in the last quarter. Austin Asset Management Co Inc lifted its holdings in shares of Dimensional US High Profitability ETF by 11.3% during the third quarter. Austin Asset Management Co Inc now owns 362,586 shares of the company’s stock valued at $13,695,000 after acquiring an additional 36,889 shares during the period. Summit Wealth Group LLC boosted its stake in shares of Dimensional US High Profitability ETF by 3.4% in the 3rd quarter. Summit Wealth Group LLC now owns 78,817 shares of the company’s stock valued at $2,977,000 after purchasing an additional 2,584 shares in the last quarter. Finally, Silver Oak Wealth Advisors Services LLC boosted its stake in shares of Dimensional US High Profitability ETF by 2.8% in the 3rd quarter. Silver Oak Wealth Advisors Services LLC now owns 293,362 shares of the company’s stock valued at $11,080,000 after purchasing an additional 7,948 shares in the last quarter.

Dimensional US High Profitability ETF Stock Up 0.7%

Shares of Dimensional US High Profitability ETF stock opened at $38.64 on Friday. The stock has a market capitalization of $10.54 billion, a P/E ratio of 24.91 and a beta of 0.97. The company has a 50-day simple moving average of $37.92 and a 200 day simple moving average of $37.27. Dimensional US High Profitability ETF has a 12-month low of $28.68 and a 12-month high of $38.72.

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.