Phillips Financial Management LLC Has $38.38 Million Stock Holdings in Dimensional US High Profitability ETF $DUHP

Phillips Financial Management LLC raised its position in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 9.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,079,305 shares of the company’s stock after buying an additional 93,665 shares during the quarter. Dimensional US High Profitability ETF comprises 2.8% of Phillips Financial Management LLC’s portfolio, making the stock its 10th largest position. Phillips Financial Management LLC owned approximately 0.44% of Dimensional US High Profitability ETF worth $38,380,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. Focus Partners Wealth lifted its position in shares of Dimensional US High Profitability ETF by 321.0% in the 1st quarter. Focus Partners Wealth now owns 10,998,637 shares of the company’s stock worth $364,495,000 after buying an additional 8,386,204 shares during the last quarter. Liberty Wealth Management LLC raised its stake in Dimensional US High Profitability ETF by 202.6% during the first quarter. Liberty Wealth Management LLC now owns 2,367,020 shares of the company’s stock worth $78,443,000 after acquiring an additional 1,584,761 shares during the period. Financial Consulate Inc. raised its stake in Dimensional US High Profitability ETF by 109.5% during the second quarter. Financial Consulate Inc. now owns 1,874,235 shares of the company’s stock worth $66,648,000 after acquiring an additional 979,618 shares during the period. HB Wealth Management LLC acquired a new stake in Dimensional US High Profitability ETF during the second quarter worth about $30,794,000. Finally, Fulton Bank N.A. acquired a new stake in Dimensional US High Profitability ETF during the second quarter worth about $29,489,000.

Dimensional US High Profitability ETF Stock Up 0.3%

DUHP opened at $38.02 on Wednesday. The firm has a market cap of $9.89 billion, a price-to-earnings ratio of 24.91 and a beta of 0.98. Dimensional US High Profitability ETF has a fifty-two week low of $28.68 and a fifty-two week high of $38.34. The company’s 50-day moving average price is $37.31 and its 200 day moving average price is $35.34.

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.