HFG Wealth Management LLC Acquires Shares of 36,832 Dimensional US High Profitability ETF $DUHP

HFG Wealth Management LLC purchased a new stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 36,832 shares of the company’s stock, valued at approximately $1,310,000. Dimensional US High Profitability ETF comprises 0.7% of HFG Wealth Management LLC’s holdings, making the stock its 29th largest position.

Other hedge funds have also recently bought and sold shares of the company. Beacon Pointe Advisors LLC grew its holdings in Dimensional US High Profitability ETF by 3.5% in the 2nd quarter. Beacon Pointe Advisors LLC now owns 905,461 shares of the company’s stock valued at $32,198,000 after buying an additional 30,588 shares in the last quarter. Legacy Financial Group Inc. grew its stake in shares of Dimensional US High Profitability ETF by 2.7% in the second quarter. Legacy Financial Group Inc. now owns 448,307 shares of the company’s stock valued at $15,942,000 after acquiring an additional 11,995 shares in the last quarter. Daner Wealth Management LLC bought a new position in Dimensional US High Profitability ETF during the second quarter worth about $1,728,000. ARK & TLK Investments LLC raised its position in shares of Dimensional US High Profitability ETF by 56.0% in the second quarter. ARK & TLK Investments LLC now owns 14,618 shares of the company’s stock valued at $520,000 after buying an additional 5,250 shares in the last quarter. Finally, SC&H Financial Advisors Inc. increased its stake in Dimensional US High Profitability ETF by 11.1% during the 2nd quarter. SC&H Financial Advisors Inc. now owns 24,218 shares of the company’s stock worth $861,000 after acquiring an additional 2,425 shares during the period.

Dimensional US High Profitability ETF Stock Up 0.2%

DUHP opened at $38.10 on Tuesday. The stock has a market capitalization of $10.01 billion, a price-to-earnings ratio of 24.91 and a beta of 0.97. Dimensional US High Profitability ETF has a twelve month low of $28.68 and a twelve month high of $38.60. The company has a 50-day simple moving average of $37.80 and a 200 day simple moving average of $36.82.

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.