Dimensional US Core Equity 1 ETF (NYSEARCA:DCOR) Sees Large Volume Increase – What’s Next?
The Dimensional US Core Equity 1 ETF (NYSEARCA:DCOR) experienced a significant rise in trading volume recently. On Tuesday, the ETF saw 144,318 shares changing hands, which marks an impressive increase of 101% compared to the previous day's volume of 71,954 shares. The stock was last noted at a price of $65.26, up from its prior closing price of $64.83.
Performance Overview of Dimensional US Core Equity 1 ETF
DCOR has a current market capitalization of $537.18 million. It reports a price-to-earnings (PE) ratio of 20.18 and has a beta of 1.11, indicating its volatility relative to the market. The average price over the past 50 days has been $65.56, while the 200-day moving average stands at $62.61.
Insights from Institutional Investors
Many institutional investors have recently adjusted their holdings in the Dimensional US Core Equity 1 ETF. For instance, DecisionPoint Financial LLC increased its ownership by 44.0% in the second quarter, now holding 1,732 shares valued at $106,000 after acquiring an additional 529 shares. Thrivent Financial for Lutherans established a new position worth approximately $202,000 in the third quarter, while Drucker Wealth 3.0 LLC also purchased a new stake valued around $220,000. Additionally, CWM LLC ramped up its investment by 117.2% during the same period, now possessing 3,686 shares valued at $233,000 after adding 1,989 shares. Integrated Wealth Concepts LLC rounded out these investments by obtaining a new position worth about $258,000 in the third quarter.
About Dimensional US Core Equity 1 ETF
The Dimensional US Core Equity 1 ETF (DCOR) is an actively managed exchange-traded fund designed to provide broad exposure to the US equity market. Launched on September 12, 2023, the fund aims for long-term capital appreciation by specifically tilting the weightings of its underlying stocks to capitalize on market opportunities.
Final Thoughts
The increase in trading volume for the Dimensional US Core Equity 1 ETF suggests growing interest among investors. As this ETF continues to adapt in the market, it will be interesting to watch how it performs short and long-term amidst changing market conditions.
ETF, volume, investment