Austin Asset Management Co Inc Buys 20,274 Shares of Dimensional US High Profitability ETF $DUHP

Austin Asset Management Co Inc grew its stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 6.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 325,697 shares of the company’s stock after purchasing an additional 20,274 shares during the period. Dimensional US High Profitability ETF makes up about 2.3% of Austin Asset Management Co Inc’s portfolio, making the stock its 12th biggest position. Austin Asset Management Co Inc owned about 0.13% of Dimensional US High Profitability ETF worth $11,582,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Focus Partners Wealth lifted its stake in shares of Dimensional US High Profitability ETF by 321.0% during the 1st quarter. Focus Partners Wealth now owns 10,998,637 shares of the company’s stock worth $364,495,000 after acquiring an additional 8,386,204 shares during the last quarter. Adero Partners LLC lifted its stake in shares of Dimensional US High Profitability ETF by 2.0% during the 1st quarter. Adero Partners LLC now owns 7,048,482 shares of the company’s stock worth $233,587,000 after acquiring an additional 141,158 shares during the last quarter. Forum Financial Management LP lifted its stake in shares of Dimensional US High Profitability ETF by 0.9% during the 1st quarter. Forum Financial Management LP now owns 6,937,524 shares of the company’s stock worth $229,910,000 after acquiring an additional 63,348 shares during the last quarter. Pure Financial Advisors LLC lifted its stake in shares of Dimensional US High Profitability ETF by 3.9% during the 2nd quarter. Pure Financial Advisors LLC now owns 6,365,367 shares of the company’s stock worth $226,352,000 after acquiring an additional 236,264 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in shares of Dimensional US High Profitability ETF by 4.2% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 2,872,164 shares of the company’s stock worth $103,972,000 after acquiring an additional 116,457 shares during the last quarter.

Dimensional US High Profitability ETF Stock Performance

Shares of DUHP stock opened at $38.07 on Thursday. Dimensional US High Profitability ETF has a 52-week low of $28.68 and a 52-week high of $38.34. The firm has a market capitalization of $9.86 billion, a P/E ratio of 24.91 and a beta of 0.98. The stock has a 50 day moving average price of $37.05 and a 200 day moving average price of $35.03.

Dimensional US High Profitability ETF Company 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.