Acorn Wealth Advisors LLC Takes Position in Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Acorn Wealth Advisors LLC bought a new position in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 36,355 shares of the company’s stock, valued at approximately $1,228,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Tcfg Wealth Management LLC grew its holdings in Dimensional US High Profitability ETF by 1.2% during the 4th quarter. Tcfg Wealth Management LLC now owns 26,643 shares of the company’s stock worth $900,000 after acquiring an additional 317 shares in the last quarter. Atria Wealth Solutions Inc. grew its stake in shares of Dimensional US High Profitability ETF by 1.3% during the fourth quarter. Atria Wealth Solutions Inc. now owns 27,186 shares of the company’s stock worth $919,000 after purchasing an additional 336 shares in the last quarter. Investmark Advisory Group LLC increased its holdings in Dimensional US High Profitability ETF by 0.5% in the third quarter. Investmark Advisory Group LLC now owns 90,873 shares of the company’s stock valued at $3,096,000 after buying an additional 459 shares during the last quarter. Principal Securities Inc. increased its holdings in Dimensional US High Profitability ETF by 174.2% in the fourth quarter. Principal Securities Inc. now owns 894 shares of the company’s stock valued at $30,000 after buying an additional 568 shares during the last quarter. Finally, Perigon Wealth Management LLC raised its stake in Dimensional US High Profitability ETF by 6.8% in the fourth quarter. Perigon Wealth Management LLC now owns 10,761 shares of the company’s stock valued at $369,000 after buying an additional 684 shares in the last quarter.

Dimensional US High Profitability ETF Stock Performance

NYSEARCA:DUHP opened at $35.17 on Tuesday. Dimensional US High Profitability ETF has a 1 year low of $29.63 and a 1 year high of $35.83. The stock has a market cap of $6.06 billion, a P/E ratio of 21.58 and a beta of 0.92. The stock has a 50-day simple moving average of $34.59 and a 200-day simple moving average of $34.28.

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.