Riverchase Wealth Management LLC Has $10.18 Million Position in Dimensional US High Profitability ETF $DUHP

Riverchase Wealth Management LLC increased its position in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 19.4% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 286,176 shares of the company’s stock after acquiring an additional 46,549 shares during the quarter. Dimensional US High Profitability ETF accounts for about 6.5% of Riverchase Wealth Management LLC’s investment portfolio, making the stock its 7th biggest holding. Riverchase Wealth Management LLC’s holdings in Dimensional US High Profitability ETF were worth $10,176,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Vantage Point Financial LLC grew its holdings in shares of Dimensional US High Profitability ETF by 3.7% in the second quarter. Vantage Point Financial LLC now owns 40,575 shares of the company’s stock worth $1,443,000 after acquiring an additional 1,438 shares during the period. IFP Advisors Inc lifted its position in Dimensional US High Profitability ETF by 1,016.5% during the second quarter. IFP Advisors Inc now owns 6,107 shares of the company’s stock valued at $217,000 after purchasing an additional 5,560 shares in the last quarter. Edge Financial Advisors LLC lifted its position in Dimensional US High Profitability ETF by 19.9% during the second quarter. Edge Financial Advisors LLC now owns 236,679 shares of the company’s stock valued at $8,426,000 after purchasing an additional 39,352 shares in the last quarter. Wealth Advisors Northwest LLC lifted its position in Dimensional US High Profitability ETF by 4.1% during the second quarter. Wealth Advisors Northwest LLC now owns 348,916 shares of the company’s stock valued at $12,407,000 after purchasing an additional 13,812 shares in the last quarter. Finally, Austin Asset Management Co Inc lifted its position in Dimensional US High Profitability ETF by 6.6% during the second quarter. Austin Asset Management Co Inc now owns 325,697 shares of the company’s stock valued at $11,582,000 after purchasing an additional 20,274 shares in the last quarter.

Dimensional US High Profitability ETF Stock Performance

NYSEARCA DUHP opened at $38.00 on Friday. The company has a market capitalization of $9.85 billion, a PE ratio of 24.91 and a beta of 0.98. The business’s fifty day moving average is $37.09 and its 200 day moving average is $35.06. Dimensional US High Profitability ETF has a fifty-two week low of $28.68 and a fifty-two week high of $38.34.

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.