Phillips Financial Management LLC Purchases 143,228 Shares of Dimensional US High Profitability ETF $DUHP

Phillips Financial Management LLC increased its position in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 13.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,222,533 shares of the company’s stock after purchasing an additional 143,228 shares during the period. Dimensional US High Profitability ETF accounts for approximately 3.0% of Phillips Financial Management LLC’s portfolio, making the stock its 7th largest position. Phillips Financial Management LLC owned 0.47% of Dimensional US High Profitability ETF worth $46,175,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Beacon Pointe Advisors LLC lifted its stake in Dimensional US High Profitability ETF by 3.5% during the second quarter. Beacon Pointe Advisors LLC now owns 905,461 shares of the company’s stock worth $32,198,000 after purchasing an additional 30,588 shares during the last quarter. Legacy Financial Group Inc. increased its stake in 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 purchasing an additional 11,995 shares during the last quarter. Emprise Bank acquired a new stake in Dimensional US High Profitability ETF during the third quarter worth approximately $528,000. Daner Wealth Management LLC purchased a new stake in shares of Dimensional US High Profitability ETF during the 2nd quarter worth approximately $1,728,000. Finally, ARK & TLK Investments LLC lifted its position in shares of Dimensional US High Profitability ETF by 56.0% during the 2nd quarter. ARK & TLK Investments LLC now owns 14,618 shares of the company’s stock worth $520,000 after buying an additional 5,250 shares during the last quarter.

Dimensional US High Profitability ETF Trading Up 0.7%

Shares of Dimensional US High Profitability ETF stock opened at $38.64 on Friday. The company has a fifty day simple moving average of $37.92 and a 200-day simple moving average of $37.27. The stock has a market cap of $10.54 billion, a price-to-earnings ratio of 24.91 and a beta of 0.97. Dimensional US High Profitability ETF has a 12-month low of $28.68 and a 12-month high of $38.72.

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.