Timonier Family Office LTD. Purchases Shares of 650,549 Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Timonier Family Office LTD. acquired a new position in Dimensional US High Profitability ETF (NYSEARCA:DUHP) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 650,549 shares of the company’s stock, valued at approximately $21,982,000. Dimensional US High Profitability ETF comprises about 11.3% of Timonier Family Office LTD.’s portfolio, making the stock its 3rd biggest position.

Other hedge funds have also modified their holdings of the company. Waterfront Wealth Inc. increased its position in Dimensional US High Profitability ETF by 0.6% in the fourth quarter. Waterfront Wealth Inc. now owns 130,625 shares of the company’s stock worth $4,414,000 after purchasing an additional 754 shares during the last quarter. Financial Harvest LLC purchased a new position in shares of Dimensional US High Profitability ETF in the 4th quarter worth $8,437,000. Mattern Capital Management LLC increased its holdings in shares of Dimensional US High Profitability ETF by 175.2% in the 4th quarter. Mattern Capital Management LLC now owns 24,691 shares of the company’s stock worth $834,000 after buying an additional 15,720 shares during the last quarter. RW Investment Management LLC increased its holdings in shares of Dimensional US High Profitability ETF by 751.6% in the 4th quarter. RW Investment Management LLC now owns 597,179 shares of the company’s stock worth $20,179,000 after buying an additional 527,054 shares during the last quarter. Finally, CogentBlue Wealth Advisors LLC purchased a new stake in shares of Dimensional US High Profitability ETF during the 4th quarter valued at about $7,605,000.

Dimensional US High Profitability ETF Trading Down 0.3 %

Shares of NYSEARCA:DUHP opened at $35.73 on Friday. The company has a market cap of $6.16 billion, a price-to-earnings ratio of 21.58 and a beta of 0.92. Dimensional US High Profitability ETF has a 12 month low of $29.63 and a 12 month high of $35.83. The company has a 50-day moving average price of $34.57 and a 200 day moving average price of $34.18.

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.