Dimensional Fund Advisors LP Reports New 5.1% Stake in Parke Bancorp Inc (PKBK)
On April 9, 2026, Dimensional Fund Advisors LP filed a Schedule 13G with the SEC, reporting a new 5.1% ownership stake in Parke Bancorp Inc (PKBK). The investment advisor disclosed beneficial ownership of 599,209 shares of common stock as of the event date on March 31, 2026. According to the filing, Dimensional Fund Advisors LP holds sole dispositive power over all 599,209 shares and sole voting power over 584,751 shares. The shares are held across various investment companies, trusts, and separate accounts for which Dimensional serves as an investment advisor or manager. The filing includes a standard disclaimer of beneficial ownership, noting that the securities are owned by the underlying Funds and were acquired in the ordinary course of business without the intent to influence or change the control of the issuer. This filing marks an increase from a previously reported 0.0% position, establishing Dimensional Fund Advisors LP as a significant institutional shareholder in the New Jersey-based bank holding company.