Dimensional US Core Equity 1 ETF (NYSEARCA:DCOR) Hits New 52-Week High – Time to Buy?

Dimensional US Core Equity 1 ETF (NYSEARCA:DCOR)’s share price reached a new 52-week high on Monday . The stock traded as high as $83.14 and last traded at $83.10, with a volume of 5879 shares changing hands. The stock had previously closed at $82.19.

Dimensional US Core Equity 1 ETF Price Performance

The company’s 50-day moving average price is $81.80 and its 200-day moving average price is $77.95. The company has a market cap of $3.37 billion, a P/E ratio of 21.81 and a beta of 0.97.

Hedge Funds Weigh In On Dimensional US Core Equity 1 ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. RHL Group LLC bought a new position in Dimensional US Core Equity 1 ETF during the 4th quarter worth about $46,000. AdvisorNet Financial Inc bought a new stake in shares of Dimensional US Core Equity 1 ETF in the first quarter valued at about $49,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Dimensional US Core Equity 1 ETF in the third quarter valued at about $59,000. Qube Research & Technologies Ltd acquired a new position in shares of Dimensional US Core Equity 1 ETF during the second quarter worth about $60,000. Finally, Royal Bank of Canada acquired a new position in shares of Dimensional US Core Equity 1 ETF during the first quarter worth about $77,000.

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.