Foundation Wealth Management LLC PA Buys 48,518 Shares of Dimensional US High Profitability ETF $DUHP

Foundation Wealth Management LLC PA lifted its stake in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 17.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 332,563 shares of the company’s stock after buying an additional 48,518 shares during the quarter. Dimensional US High Profitability ETF comprises about 4.6% of Foundation Wealth Management LLC PA’s portfolio, making the stock its 6th largest holding. Foundation Wealth Management LLC PA owned approximately 0.12% of Dimensional US High Profitability ETF worth $12,647,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Salomon & Ludwin LLC bought a new position in Dimensional US High Profitability ETF in the 3rd quarter valued at about $27,000. CX Institutional bought a new stake in shares of Dimensional US High Profitability ETF during the third quarter worth approximately $62,000. Optiver Holding B.V. bought a new stake in shares of Dimensional US High Profitability ETF during the third quarter worth approximately $63,000. VSM Wealth Advisory LLC grew its position in shares of Dimensional US High Profitability ETF by 74.4% in the third quarter. VSM Wealth Advisory LLC now owns 1,744 shares of the company’s stock valued at $66,000 after purchasing an additional 744 shares during the last quarter. Finally, Huntington National Bank acquired a new position in shares of Dimensional US High Profitability ETF in the third quarter valued at approximately $84,000.

Dimensional US High Profitability ETF Trading Down 0.3%

Shares of NYSEARCA DUHP opened at $35.83 on Tuesday. The firm has a market cap of $10.15 billion, a P/E ratio of 24.91 and a beta of 0.97. The business’s 50 day moving average is $38.37 and its 200-day moving average is $38.07. Dimensional US High Profitability ETF has a 1-year low of $28.68 and a 1-year high of $39.64.

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.