Grunden Financial Advisory Inc. Grows Stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Grunden Financial Advisory Inc. raised its stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 2.8% in the second quarter, Holdings Channel reports. The firm owned 815,968 shares of the company’s stock after acquiring an additional 21,973 shares during the quarter. Dimensional US High Profitability ETF comprises approximately 13.6% of Grunden Financial Advisory Inc.’s investment portfolio, making the stock its 3rd biggest position. Grunden Financial Advisory Inc.’s holdings in Dimensional US High Profitability ETF were worth $26,103,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in DUHP. Envestnet Asset Management Inc. grew its stake in shares of Dimensional US High Profitability ETF by 14.7% in the second quarter. Envestnet Asset Management Inc. now owns 29,430,960 shares of the company’s stock valued at $941,496,000 after buying an additional 3,781,741 shares in the last quarter. Adero Partners LLC grew its position in shares of Dimensional US High Profitability ETF by 0.9% in the 2nd quarter. Adero Partners LLC now owns 6,751,837 shares of the company’s stock valued at $215,991,000 after acquiring an additional 60,635 shares during the period. Pure Financial Advisors LLC increased its stake in shares of Dimensional US High Profitability ETF by 42.5% during the 2nd quarter. Pure Financial Advisors LLC now owns 3,427,780 shares of the company’s stock worth $109,655,000 after purchasing an additional 1,022,870 shares during the last quarter. Corient Private Wealth LLC raised its holdings in shares of Dimensional US High Profitability ETF by 205.4% in the 4th quarter. Corient Private Wealth LLC now owns 2,706,611 shares of the company’s stock valued at $77,436,000 after purchasing an additional 1,820,225 shares during the period. Finally, Aprio Wealth Management LLC raised its holdings in shares of Dimensional US High Profitability ETF by 26.8% in the 1st quarter. Aprio Wealth Management LLC now owns 2,449,728 shares of the company’s stock valued at $77,436,000 after purchasing an additional 518,375 shares during the period.

Dimensional US High Profitability ETF Stock Performance

Dimensional US High Profitability ETF stock opened at $33.55 on Monday. The stock has a 50-day simple moving average of $32.59 and a 200 day simple moving average of $31.67. The stock has a market capitalization of $5.78 billion, a P/E ratio of 21.58 and a beta of 0.92. Dimensional US High Profitability ETF has a 52 week low of $24.69 and a 52 week high of $33.64.

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.