Dimensional US Core Equity 1 ETF (NYSEARCA:DCOR) Reaches New 12-Month High – Still a Buy?

Dimensional US Core Equity 1 ETF (NYSEARCA:DCOR) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $82.80 and last traded at $82.77, with a volume of 55666 shares trading hands. The stock had previously closed at $82.45.

Dimensional US Core Equity 1 ETF Stock Up 0.5%

The firm has a fifty day simple moving average of $81.04 and a 200-day simple moving average of $77.09. The company has a market cap of $3.30 billion, a PE ratio of 21.81 and a beta of 0.97.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in DCOR. Pure Financial Advisors LLC boosted its holdings in shares of Dimensional US Core Equity 1 ETF by 0.9% in the fourth quarter. Pure Financial Advisors LLC now owns 2,180,949 shares of the company’s stock valued at $160,583,000 after acquiring an additional 18,517 shares during the period. Orion Porfolio Solutions LLC raised its position in Dimensional US Core Equity 1 ETF by 722.6% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 1,503,105 shares of the company’s stock valued at $100,483,000 after purchasing an additional 1,320,384 shares during the last quarter. Your Advocates Ltd. LLP boosted its stake in Dimensional US Core Equity 1 ETF by 6.5% during the 1st quarter. Your Advocates Ltd. LLP now owns 1,063,042 shares of the company’s stock worth $76,624,000 after purchasing an additional 64,632 shares during the period. Brighton Jones LLC boosted its stake in Dimensional US Core Equity 1 ETF by 17.4% during the 1st quarter. Brighton Jones LLC now owns 1,021,723 shares of the company’s stock worth $73,646,000 after purchasing an additional 151,437 shares during the period. Finally, Quantum Financial Advisors LLC grew its position in Dimensional US Core Equity 1 ETF by 7.6% during the 2nd quarter. Quantum Financial Advisors LLC now owns 894,764 shares of the company’s stock worth $73,353,000 after purchasing an additional 63,441 shares during the last quarter.

About Dimensional US Core Equity 1 ETF

The Dimensional US Core Equity 1 ETF (DCOR) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to provide broad US equity exposure, seeking to provide long-term capital appreciation by tilting the weightings in the underlying stocks. DCOR was launched on Sep 12, 2023 and is issued by Dimensional.