Riverchase Wealth Management LLC Invests $2.31 Million in Dimensional US High Profitability ETF (NYSEARCA:DUHP)

Riverchase Wealth Management LLC acquired a new stake in shares of Dimensional US High Profitability ETF (NYSEARCA:DUHP) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 68,405 shares of the company’s stock, valued at approximately $2,311,000. Dimensional US High Profitability ETF makes up about 1.7% of Riverchase Wealth Management LLC’s holdings, making the stock its 11th largest position.

A number of other hedge funds also recently made changes to their positions in the stock. Raymond James Financial Inc. purchased a new position in Dimensional US High Profitability ETF during the fourth quarter valued at approximately $54,563,000. Pure Financial Advisors LLC boosted its holdings in Dimensional US High Profitability ETF by 18.0% in the 4th quarter. Pure Financial Advisors LLC now owns 5,461,842 shares of the company’s stock worth $184,556,000 after buying an additional 833,291 shares during the period. United Wealth Management LLC purchased a new stake in Dimensional US High Profitability ETF in the 4th quarter worth $22,048,000. Timonier Family Office LTD. bought a new stake in Dimensional US High Profitability ETF during the fourth quarter valued at about $21,982,000. Finally, Corient Private Wealth LLC lifted its position in shares of Dimensional US High Profitability ETF by 27.1% in the fourth quarter. Corient Private Wealth LLC now owns 2,752,703 shares of the company’s stock valued at $93,014,000 after acquiring an additional 586,886 shares in the last quarter.

Dimensional US High Profitability ETF Trading Down 0.2 %

Shares of DUHP opened at $33.38 on Friday. The business’s 50 day moving average is $34.53 and its 200 day moving average is $34.41. 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 market capitalization of $7.51 billion, a PE ratio of 26.46 and a beta of 0.99.

Dimensional US High Profitability ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were issued a $0.0814 dividend. The ex-dividend date was Tuesday, March 25th.

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.