Austin Asset Management Co Inc Grows Stake in Dimensional US High Profitability ETF $DUHP

Austin Asset Management Co Inc boosted its position in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 6.6% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 325,697 shares of the company’s stock after purchasing an additional 20,274 shares during the quarter. Dimensional US High Profitability ETF comprises about 2.3% of Austin Asset Management Co Inc’s portfolio, making the stock its 12th biggest position. Austin Asset Management Co Inc’s holdings in Dimensional US High Profitability ETF were worth $11,582,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Assetmark Inc. increased its holdings in Dimensional US High Profitability ETF by 1,127.5% during the 1st quarter. Assetmark Inc. now owns 2,725 shares of the company’s stock worth $90,000 after purchasing an additional 2,503 shares during the period. SJS Investment Consulting Inc. purchased a new position in Dimensional US High Profitability ETF during the 2nd quarter worth $101,000. Tradewinds Capital Management LLC purchased a new position in Dimensional US High Profitability ETF during the 1st quarter worth $106,000. Fortitude Family Office LLC increased its holdings in Dimensional US High Profitability ETF by 26.5% during the 2nd quarter. Fortitude Family Office LLC now owns 4,520 shares of the company’s stock worth $161,000 after purchasing an additional 947 shares during the period. Finally, Maseco LLP purchased a new position in Dimensional US High Profitability ETF during the 2nd quarter worth $185,000.

Dimensional US High Profitability ETF Trading Up 0.4%

Shares of NYSEARCA:DUHP opened at $38.07 on Thursday. Dimensional US High Profitability ETF has a 12-month low of $28.68 and a 12-month high of $38.34. The business’s fifty day simple moving average is $37.05 and its 200-day simple moving average is $35.03. The company has a market capitalization of $9.86 billion, a PE ratio of 24.91 and a beta of 0.98.

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.