Tandemgrowth Financial Advisors LLC Purchases New Position in Dimensional US High Profitability ETF $DUHP

Tandemgrowth Financial Advisors LLC purchased a new stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 482,445 shares of the company’s stock, valued at approximately $18,347,000. Dimensional US High Profitability ETF accounts for approximately 16.0% of Tandemgrowth Financial Advisors LLC’s portfolio, making the stock its 2nd largest position. Tandemgrowth Financial Advisors LLC owned approximately 0.17% of Dimensional US High Profitability ETF at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Oath Planning LLC acquired a new stake in shares of Dimensional US High Profitability ETF in the 4th quarter valued at approximately $260,000. Great Valley Advisor Group Inc. raised its position in shares of Dimensional US High Profitability ETF by 5.3% in the 4th quarter. Great Valley Advisor Group Inc. now owns 48,051 shares of the company’s stock valued at $1,827,000 after acquiring an additional 2,404 shares during the period. RAM Investment Partners LLC raised its position in shares of Dimensional US High Profitability ETF by 149.1% in the 4th quarter. RAM Investment Partners LLC now owns 26,400 shares of the company’s stock valued at $1,004,000 after acquiring an additional 15,800 shares during the period. Entelevest LLC acquired a new stake in shares of Dimensional US High Profitability ETF in the 4th quarter valued at approximately $5,415,000. Finally, United Wealth Management LLC raised its position in shares of Dimensional US High Profitability ETF by 2.8% in the 4th quarter. United Wealth Management LLC now owns 749,316 shares of the company’s stock valued at $28,496,000 after acquiring an additional 20,589 shares during the period.

Dimensional US High Profitability ETF Stock Performance

Shares of DUHP stock opened at $40.90 on Friday. The company has a market capitalization of $11.84 billion, a P/E ratio of 24.91 and a beta of 0.94. The company’s 50 day moving average price is $39.57 and its two-hundred day moving average price is $38.72. Dimensional US High Profitability ETF has a 52 week low of $34.33 and a 52 week high of $41.74.

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.