Lynch Investment Planning LLC Purchases Shares of 230,470 Dimensional US High Profitability ETF $DUHP

Lynch Investment Planning LLC acquired a new position in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) in the 4th quarter, Holdings Channel.com reports. The firm acquired 230,470 shares of the company’s stock, valued at approximately $8,765,000. Dimensional US High Profitability ETF comprises about 8.4% of Lynch Investment Planning LLC’s investment portfolio, making the stock its 3rd biggest position.

Other institutional investors also recently made changes to their positions in the company. Beaird Harris Wealth Management LLC boosted its holdings in shares of Dimensional US High Profitability ETF by 10.5% during the fourth quarter. Beaird Harris Wealth Management LLC now owns 2,048,402 shares of the company’s stock worth $77,901,000 after acquiring an additional 194,597 shares during the period. SB Capital Management Inc acquired a new position in shares of Dimensional US High Profitability ETF during the 4th quarter worth $13,026,000. Capstone Wealth Management Inc. bought a new position in shares of Dimensional US High Profitability ETF during the fourth quarter worth about $3,116,000. Axxcess Wealth Management LLC lifted its stake in shares of Dimensional US High Profitability ETF by 62.6% in the fourth quarter. Axxcess Wealth Management LLC now owns 136,772 shares of the company’s stock worth $5,201,000 after acquiring an additional 52,643 shares during the period. Finally, Corient Private Wealth LLC lifted its stake in shares of Dimensional US High Profitability ETF by 90.6% in the fourth quarter. Corient Private Wealth LLC now owns 3,310,640 shares of the company’s stock worth $125,482,000 after acquiring an additional 1,573,405 shares during the period.

Dimensional US High Profitability ETF Stock Up 1.0%

Shares of DUHP opened at $41.35 on Friday. The stock has a market cap of $11.97 billion, a P/E ratio of 24.91 and a beta of 0.94. The business’s fifty day moving average is $40.00 and its 200 day moving average is $38.85. Dimensional US High Profitability ETF has a 12-month low of $34.33 and a 12-month high of $41.87.

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.