Canvas Wealth Advisors LLC Takes Position in Dimensional US High Profitability ETF $DUHP

Canvas Wealth Advisors LLC bought a new position in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) in the first quarter, HoldingsChannel reports. The institutional investor bought 30,977 shares of the company’s stock, valued at approximately $1,139,000.

Other large investors have also bought and sold shares of the company. Mercer Global Advisors Inc. ADV boosted its stake in Dimensional US High Profitability ETF by 5.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 44,791,614 shares of the company’s stock valued at $1,703,426,000 after acquiring an additional 2,187,002 shares during the last quarter. Focus Partners Wealth boosted its position in shares of Dimensional US High Profitability ETF by 3.9% in the 4th quarter. Focus Partners Wealth now owns 19,304,073 shares of the company’s stock worth $734,134,000 after purchasing an additional 716,130 shares during the last quarter. Forum Financial Management LP boosted its position in shares of Dimensional US High Profitability ETF by 5.5% in the 1st quarter. Forum Financial Management LP now owns 8,459,674 shares of the company’s stock worth $310,978,000 after purchasing an additional 441,967 shares during the last quarter. Pure Financial Advisors LLC grew its stake in shares of Dimensional US High Profitability ETF by 9.0% during the fourth quarter. Pure Financial Advisors LLC now owns 7,550,120 shares of the company’s stock worth $287,131,000 after purchasing an additional 622,880 shares during the period. Finally, Apella Capital LLC grew its stake in shares of Dimensional US High Profitability ETF by 49.8% during the first quarter. Apella Capital LLC now owns 3,891,947 shares of the company’s stock worth $153,343,000 after purchasing an additional 1,293,705 shares during the period.

Dimensional US High Profitability ETF Stock Performance

NYSEARCA DUHP opened at $41.70 on Tuesday. Dimensional US High Profitability ETF has a 12 month low of $35.59 and a 12 month high of $41.87. The stock has a 50-day simple moving average of $40.62 and a 200 day simple moving average of $39.13. The company has a market capitalization of $12.31 billion, a PE ratio of 24.91 and a beta of 0.94.

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.