Savvy Advisors Inc. Raises Position in Dimensional US High Profitability ETF $DUHP

Savvy Advisors Inc. grew its stake in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 5,763.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 346,887 shares of the company’s stock after buying an additional 340,971 shares during the quarter. Savvy Advisors Inc. owned 0.13% of Dimensional US High Profitability ETF worth $13,102,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Salomon & Ludwin LLC purchased a new position in shares of Dimensional US High Profitability ETF in the third quarter valued at about $27,000. CX Institutional bought a new stake in shares of Dimensional US High Profitability ETF in the third quarter worth about $62,000. First Command Advisory Services Inc. purchased a new position in Dimensional US High Profitability ETF during the 2nd quarter valued at about $107,000. Hollencrest Capital Management bought a new position in Dimensional US High Profitability ETF during the 2nd quarter valued at approximately $194,000. Finally, Clarion Wealth Managment Partners LLC bought a new position in Dimensional US High Profitability ETF during the 2nd quarter valued at approximately $201,000.

Dimensional US High Profitability ETF Stock Performance

Shares of DUHP stock opened at $39.47 on Thursday. The firm has a market cap of $11.19 billion, a P/E ratio of 24.91 and a beta of 0.97. Dimensional US High Profitability ETF has a fifty-two week low of $28.68 and a fifty-two week high of $39.64. The business’s 50 day moving average price is $38.42 and its 200-day moving average price is $37.71.

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.