Foundry Financial LLC Acquires 117,811 Shares of Dimensional US High Profitability ETF $DUHP

Foundry Financial LLC lifted its holdings in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 31.2% in the first quarter, HoldingsChannel.com reports. The firm owned 495,413 shares of the company’s stock after acquiring an additional 117,811 shares during the quarter. Dimensional US High Profitability ETF accounts for about 7.7% of Foundry Financial LLC’s investment portfolio, making the stock its 2nd largest holding. Foundry Financial LLC’s holdings in Dimensional US High Profitability ETF were worth $18,211,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DUHP. Wealth Watch Advisors INC purchased a new stake in Dimensional US High Profitability ETF in the 4th quarter valued at about $30,000. Smartleaf Asset Management LLC boosted its stake in Dimensional US High Profitability ETF by 44.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 849 shares of the company’s stock worth $33,000 after buying an additional 260 shares during the period. Geneos Wealth Management Inc. acquired a new stake in shares of Dimensional US High Profitability ETF during the fourth quarter valued at about $33,000. Rothschild Investment LLC acquired a new stake in shares of Dimensional US High Profitability ETF during the fourth quarter valued at about $42,000. Finally, Topsail Wealth Management LLC purchased a new stake in shares of Dimensional US High Profitability ETF in the 1st quarter valued at approximately $50,000.

Dimensional US High Profitability ETF Stock Performance

Shares of DUHP stock opened at $40.95 on Friday. The firm’s 50 day moving average price is $40.33 and its 200-day moving average price is $38.97. Dimensional US High Profitability ETF has a one year low of $35.16 and a one year high of $41.87. The firm has a market cap of $11.86 billion, a P/E ratio of 24.91 and a beta of 0.94.

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.