Grunden Financial Advisory Inc. Makes New $22.67 Million Investment in Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Grunden Financial Advisory Inc. bought a new position in Dimensional US High Profitability ETF (NYSEARCA:DUHP) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 792,246 shares of the company’s stock, valued at approximately $22,666,000. Dimensional US High Profitability ETF accounts for 12.7% of Grunden Financial Advisory Inc.’s investment portfolio, making the stock its 3rd largest holding. Grunden Financial Advisory Inc. owned about 0.74% of Dimensional US High Profitability ETF at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Column Capital Advisors LLC raised its holdings in Dimensional US High Profitability ETF by 47.2% in the third quarter. Column Capital Advisors LLC now owns 1,465 shares of the company’s stock worth $38,000 after purchasing an additional 470 shares during the period. Lowe Wealth Advisors LLC acquired a new stake in shares of Dimensional US High Profitability ETF during the fourth quarter worth $51,000. Harbour Investments Inc. acquired a new stake in shares of Dimensional US High Profitability ETF during the first quarter worth $51,000. CWM LLC acquired a new stake in shares of Dimensional US High Profitability ETF during the third quarter worth $62,000. Finally, SJS Investment Consulting Inc. acquired a new stake in shares of Dimensional US High Profitability ETF during the third quarter worth $66,000.

Dimensional US High Profitability ETF Stock Down 0.4 %

Shares of NYSEARCA:DUHP traded down $0.13 during midday trading on Thursday, reaching $29.87. 773,410 shares of the company were exchanged, compared to its average volume of 853,375. Dimensional US High Profitability ETF has a fifty-two week low of $24.46 and a fifty-two week high of $31.72. The stock has a fifty day simple moving average of $30.77 and a two-hundred day simple moving average of $28.60. The firm has a market cap of $3.21 billion, a PE ratio of 17.09 and a beta of 0.98.

Dimensional US High Profitability ETF Company 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.