Riverchase Wealth Management LLC Has $13.13 Million Stock Holdings in Dimensional US High Profitability ETF $DUHP

Riverchase Wealth Management LLC lifted its position in Dimensional US High Profitability ETF (NYSEARCA:DUHP) by 9.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 357,127 shares of the company’s stock after buying an additional 31,681 shares during the period. Dimensional US High Profitability ETF comprises 6.8% of Riverchase Wealth Management LLC’s portfolio, making the stock its 7th largest holding. Riverchase Wealth Management LLC owned about 0.12% of Dimensional US High Profitability ETF worth $13,128,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Petersen Hastings Wealth Advisors Inc. bought a new stake in Dimensional US High Profitability ETF in the 4th quarter worth about $108,832,000. Mercer Global Advisors Inc. ADV lifted its stake in Dimensional US High Profitability ETF by 6.2% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 42,604,612 shares of the company’s stock valued at $1,609,176,000 after acquiring an additional 2,484,185 shares during the period. Allworth Financial LP boosted its holdings in shares of Dimensional US High Profitability ETF by 187.4% during the 3rd quarter. Allworth Financial LP now owns 2,961,456 shares of the company’s stock valued at $111,854,000 after acquiring an additional 1,931,114 shares during the last quarter. Corient Private Wealth LLC boosted its holdings in shares of Dimensional US High Profitability ETF by 90.6% during the 4th quarter. Corient Private Wealth LLC now owns 3,310,640 shares of the company’s stock valued at $125,482,000 after acquiring an additional 1,573,405 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Dimensional US High Profitability ETF by 5,312.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,456,563 shares of the company’s stock valued at $55,393,000 after acquiring an additional 1,429,651 shares during the last quarter.

Dimensional US High Profitability ETF Stock Down 1.8%

Shares of DUHP stock opened at $40.67 on Wednesday. The company has a 50 day moving average price of $40.19 and a 200-day moving average price of $38.91. Dimensional US High Profitability ETF has a 52 week low of $34.81 and a 52 week high of $41.87. The firm has a market capitalization of $11.77 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.