Dimensional US Core Equity 1 ETF (NYSEARCA:DCOR) Stock Price Breaks Above Fifty Day Moving Average – Here’s Why

Dimensional US Core Equity 1 ETF (NYSEARCA:DCOR) passed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $83.76 and traded as high as $84.26. Dimensional US Core Equity 1 ETF shares last traded at $84.04, with a volume of 123,845 shares changing hands.

Dimensional US Core Equity 1 ETF Stock Performance

The firm has a fifty day moving average of $83.76 and a 200-day moving average of $80.26. The stock has a market capitalization of $3.68 billion, a price-to-earnings ratio of 21.81 and a beta of 0.96.

Institutional Investors Weigh In On Dimensional US Core Equity 1 ETF

Several institutional investors and hedge funds have recently modified their holdings of DCOR. Quantum Financial Advisors LLC raised its holdings in shares of 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 valued at $73,353,000 after buying an additional 63,441 shares during the period. Monograph Wealth Advisors LLC grew its position in Dimensional US Core Equity 1 ETF by 9.0% in the first quarter. Monograph Wealth Advisors LLC now owns 519,115 shares of the company’s stock valued at $37,418,000 after acquiring an additional 42,869 shares in the last quarter. Beacon Hill Wealth Management LTD. acquired a new stake in Dimensional US Core Equity 1 ETF in the second quarter valued at approximately $28,510,000. Envestnet Asset Management Inc. raised its stake in shares of Dimensional US Core Equity 1 ETF by 13.8% during the second quarter. Envestnet Asset Management Inc. now owns 336,258 shares of the company’s stock valued at $27,566,000 after purchasing an additional 40,878 shares during the period. Finally, Geneos Wealth Management Inc. raised its stake in shares of Dimensional US Core Equity 1 ETF by 10.3% during the first quarter. Geneos Wealth Management Inc. now owns 330,301 shares of the company’s stock valued at $23,808,000 after purchasing an additional 30,771 shares during the period.

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.