Dimensional Global Credit ETF (NASDAQ:DGCB) Shares Bought by GeoWealth Management LLC

GeoWealth Management LLC raised its stake in Dimensional Global Credit ETF (NASDAQ:DGCB) by 20.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 11,603 shares of the company’s stock after acquiring an additional 1,933 shares during the period. GeoWealth Management LLC’s holdings in Dimensional Global Credit ETF were worth $610,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Geneos Wealth Management Inc. acquired a new position in Dimensional Global Credit ETF in the fourth quarter worth about $242,000. Symmetry Partners LLC bought a new position in Dimensional Global Credit ETF during the 4th quarter worth approximately $283,000. IFP Advisors Inc grew its position in shares of Dimensional Global Credit ETF by 16.5% in the 4th quarter. IFP Advisors Inc now owns 5,838 shares of the company’s stock worth $307,000 after acquiring an additional 827 shares in the last quarter. Savvy Advisors Inc. increased its holdings in shares of Dimensional Global Credit ETF by 4.3% in the 4th quarter. Savvy Advisors Inc. now owns 6,671 shares of the company’s stock valued at $351,000 after acquiring an additional 274 shares during the last quarter. Finally, Kestra Investment Management LLC acquired a new stake in shares of Dimensional Global Credit ETF during the 4th quarter valued at approximately $361,000.

Dimensional Global Credit ETF Stock Performance

Shares of DGCB opened at $52.64 on Monday. Dimensional Global Credit ETF has a 12-month low of $51.29 and a 12-month high of $55.16. The business’s fifty day moving average price is $52.95 and its 200 day moving average price is $53.18.

Dimensional Global Credit ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were issued a $0.122 dividend. This represents a $1.46 annualized dividend and a dividend yield of 2.78%. The ex-dividend date was Tuesday, March 25th.

About Dimensional Global Credit ETF

The Dimensional Global Credit ETF (DGCB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a broad portfolio of debt securities of any credit quality that are maturing within 20 years. The fund aims to maximize total returns, while optimizing overall gains DGCB was launched on Nov 7, 2023 and is issued by Dimensional.