Cherrydale Wealth Management LLC Purchases 8,774 Shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Cherrydale Wealth Management LLC lifted its position in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 26.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 41,496 shares of the company’s stock after purchasing an additional 8,774 shares during the period. Dimensional US High Profitability ETF accounts for approximately 0.5% of Cherrydale Wealth Management LLC’s investment portfolio, making the stock its 20th biggest holding. Cherrydale Wealth Management LLC’s holdings in Dimensional US High Profitability ETF were worth $1,402,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Merriman Wealth Management LLC increased its position in Dimensional US High Profitability ETF by 1.3% during the 2nd quarter. Merriman Wealth Management LLC now owns 8,211,229 shares of the company’s stock worth $262,677,000 after buying an additional 108,172 shares during the period. Forum Financial Management LP increased its position in Dimensional US High Profitability ETF by 2.4% during the third quarter. Forum Financial Management LP now owns 6,842,864 shares of the company’s stock worth $233,136,000 after acquiring an additional 160,574 shares during the period. Pure Financial Advisors LLC raised its stake in Dimensional US High Profitability ETF by 35.0% in the 3rd quarter. Pure Financial Advisors LLC now owns 4,628,551 shares of the company’s stock worth $157,695,000 after purchasing an additional 1,200,771 shares in the last quarter. Aprio Wealth Management LLC boosted its holdings in Dimensional US High Profitability ETF by 8.2% in the 4th quarter. Aprio Wealth Management LLC now owns 2,570,342 shares of the company’s stock valued at $86,852,000 after purchasing an additional 195,678 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of Dimensional US High Profitability ETF by 21.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 2,567,212 shares of the company’s stock worth $87,465,000 after purchasing an additional 452,201 shares in the last quarter.

Dimensional US High Profitability ETF Stock Performance

Shares of NYSEARCA DUHP traded up $0.17 during midday trading on Friday, reaching $34.42. The company’s stock had a trading volume of 664,778 shares, compared to its average volume of 918,125. The company has a market cap of $5.93 billion, a P/E ratio of 21.58 and a beta of 0.92. The business’s 50 day moving average price is $34.59 and its two-hundred day moving average price is $33.72. Dimensional US High Profitability ETF has a fifty-two week low of $28.43 and a fifty-two week high of $35.79.

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.