HMV Wealth Advisors LLC Increases Stake in Dimensional US High Profitability ETF $DUHP

HMV Wealth Advisors LLC raised its holdings in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 176.6% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 66,545 shares of the company’s stock after acquiring an additional 42,490 shares during the quarter. Dimensional US High Profitability ETF comprises approximately 1.4% of HMV Wealth Advisors LLC’s investment portfolio, making the stock its 18th largest holding. HMV Wealth Advisors LLC’s holdings in Dimensional US High Profitability ETF were worth $2,513,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of DUHP. Envestnet Asset Management Inc. lifted its stake in Dimensional US High Profitability ETF by 4.3% in the second quarter. Envestnet Asset Management Inc. now owns 36,539,311 shares of the company’s stock worth $1,299,338,000 after acquiring an additional 1,507,394 shares during the last quarter. Focus Partners Wealth increased its holdings in Dimensional US High Profitability ETF by 321.0% in the first quarter. Focus Partners Wealth now owns 10,998,637 shares of the company’s stock valued at $364,495,000 after buying an additional 8,386,204 shares during the last quarter. Forum Financial Management LP raised its stake in Dimensional US High Profitability ETF by 3.3% in the second quarter. Forum Financial Management LP now owns 7,169,400 shares of the company’s stock valued at $254,944,000 after buying an additional 231,876 shares in the last quarter. Pure Financial Advisors LLC lifted its holdings in Dimensional US High Profitability ETF by 3.9% during the 2nd quarter. Pure Financial Advisors LLC now owns 6,365,367 shares of the company’s stock worth $226,352,000 after buying an additional 236,264 shares during the last quarter. Finally, Corient Private Wealth LLC lifted its holdings in Dimensional US High Profitability ETF by 0.8% during the 2nd quarter. Corient Private Wealth LLC now owns 2,899,446 shares of the company’s stock worth $103,104,000 after buying an additional 24,421 shares during the last quarter.

Dimensional US High Profitability ETF Stock Performance

DUHP opened at $38.09 on Friday. The business’s 50-day simple moving average is $37.81 and its 200-day simple moving average is $36.90. The company has a market cap of $10.00 billion, a P/E ratio of 24.91 and a beta of 0.97. Dimensional US High Profitability ETF has a one year low of $28.68 and a one year high of $38.60.

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.