Approach Retirement Advisors LLC Takes $2.42 Million Position in Dimensional US High Profitability ETF $DUHP

Approach Retirement Advisors LLC purchased a new position in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 63,749 shares of the company’s stock, valued at approximately $2,424,000. Dimensional US High Profitability ETF comprises 2.1% of Approach Retirement Advisors LLC’s investment portfolio, making the stock its 9th largest holding.

Other hedge funds also recently modified their holdings of the company. Mercer Global Advisors Inc. ADV lifted its position in shares of Dimensional US High Profitability ETF by 6.2% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 42,604,612 shares of the company’s stock valued at $1,609,176,000 after buying an additional 2,484,185 shares during the last quarter. Focus Partners Wealth raised its position in shares of Dimensional US High Profitability ETF by 3.3% in the third quarter. Focus Partners Wealth now owns 18,587,943 shares of the company’s stock valued at $702,455,000 after purchasing an additional 585,098 shares during the period. Forum Financial Management LP lifted its stake in shares of Dimensional US High Profitability ETF by 6.3% during the 4th quarter. Forum Financial Management LP now owns 8,017,707 shares of the company’s stock valued at $304,913,000 after buying an additional 472,714 shares in the last quarter. Pure Financial Advisors LLC boosted its holdings in Dimensional US High Profitability ETF by 8.8% in the 3rd quarter. Pure Financial Advisors LLC now owns 6,927,240 shares of the company’s stock worth $261,642,000 after buying an additional 561,873 shares during the period. Finally, Foster Group Inc. boosted its holdings in Dimensional US High Profitability ETF by 3.7% in the 4th quarter. Foster Group Inc. now owns 2,973,774 shares of the company’s stock worth $113,093,000 after buying an additional 106,711 shares during the period.

Dimensional US High Profitability ETF Trading Up 0.3%

Dimensional US High Profitability ETF stock opened at $39.19 on Friday. The firm has a 50 day simple moving average of $38.15 and a 200 day simple moving average of $38.14. Dimensional US High Profitability ETF has a 1-year low of $31.83 and a 1-year high of $39.64. The firm has a market capitalization of $11.27 billion, a price-to-earnings ratio of 24.91 and a beta of 0.97.

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.