Riverchase Wealth Management LLC Invests $11.30 Million in Dimensional US Core Equity 1 ETF (NYSEARCA:DCOR)

Riverchase Wealth Management LLC purchased a new stake in Dimensional US Core Equity 1 ETF (NYSEARCA:DCOR) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 176,059 shares of the company’s stock, valued at approximately $11,296,000. Dimensional US Core Equity 1 ETF accounts for approximately 8.4% of Riverchase Wealth Management LLC’s holdings, making the stock its 5th biggest holding.

Several other hedge funds also recently added to or reduced their stakes in the stock. Orion Portfolio Solutions LLC boosted its holdings in shares of Dimensional US Core Equity 1 ETF by 13.8% in the 4th quarter. Orion Portfolio Solutions LLC now owns 170,943 shares of the company’s stock valued at $10,968,000 after buying an additional 20,686 shares in the last quarter. BCO Wealth Management LLC acquired a new position in Dimensional US Core Equity 1 ETF in the fourth quarter valued at $19,749,000. Foundation Wealth Management LLC PA acquired a new stake in shares of Dimensional US Core Equity 1 ETF during the fourth quarter worth about $400,000. Financial Engines Advisors L.L.C. lifted its holdings in shares of Dimensional US Core Equity 1 ETF by 17.6% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 16,057 shares of the company’s stock valued at $1,030,000 after purchasing an additional 2,398 shares during the last quarter. Finally, LPL Financial LLC purchased a new stake in shares of Dimensional US Core Equity 1 ETF in the 4th quarter valued at about $827,000.

Dimensional US Core Equity 1 ETF Stock Down 0.4 %

NYSEARCA:DCOR opened at $62.18 on Friday. The company has a market capitalization of $1.37 billion, a PE ratio of 21.67 and a beta of 1.11. Dimensional US Core Equity 1 ETF has a 52-week low of $55.22 and a 52-week high of $67.59. The stock’s 50 day moving average price is $64.62 and its 200 day moving average price is $64.56.

Dimensional US Core Equity 1 ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were given a $0.1443 dividend. The ex-dividend date was Tuesday, March 25th.

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.