Riverchase Wealth Management LLC Increases Position in Dimensional US High Profitability ETF $DUHP

Riverchase Wealth Management LLC boosted its stake in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 13.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 324,307 shares of the company’s stock after purchasing an additional 38,131 shares during the quarter. Dimensional US High Profitability ETF comprises approximately 6.9% of Riverchase Wealth Management LLC’s holdings, making the stock its 7th largest holding. Riverchase Wealth Management LLC owned 0.12% of Dimensional US High Profitability ETF worth $12,249,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. Crown Wealth Group LLC boosted its stake in Dimensional US High Profitability ETF by 6.2% during the third quarter. Crown Wealth Group LLC now owns 211,664 shares of the company’s stock valued at $7,995,000 after buying an additional 12,404 shares during the last quarter. Disciplined Equity Management Inc. purchased a new stake in shares of Dimensional US High Profitability ETF during the 3rd quarter worth approximately $409,000. Boyce & Associates Wealth Consulting Inc. boosted its position in shares of Dimensional US High Profitability ETF by 5.1% during the 3rd quarter. Boyce & Associates Wealth Consulting Inc. now owns 73,916 shares of the company’s stock valued at $2,792,000 after acquiring an additional 3,609 shares during the last quarter. Saxony Capital Management LLC bought a new position in shares of Dimensional US High Profitability ETF during the 3rd quarter valued at approximately $283,000. Finally, Fulton Bank N.A. grew its holdings in shares of Dimensional US High Profitability ETF by 16.5% in the third quarter. Fulton Bank N.A. now owns 966,483 shares of the company’s stock valued at $36,504,000 after purchasing an additional 137,203 shares in the last quarter.

Dimensional US High Profitability ETF Stock Up 0.3%

Shares of NYSEARCA:DUHP opened at $38.17 on Tuesday. The firm has a fifty day simple moving average of $37.90 and a two-hundred day simple moving average of $37.18. Dimensional US High Profitability ETF has a 52 week low of $28.68 and a 52 week high of $38.60. The stock has a market capitalization of $10.39 billion, a P/E ratio of 24.91 and a beta of 0.97.

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.