Dimensional Global Core Plus Fixed Income ETF (NASDAQ:DFGP) Sees Strong Trading Volume – Still a Buy?

Dimensional Global Core Plus Fixed Income ETF (NASDAQ:DFGP) shares saw an uptick in trading volume on Tuesday . 204,108 shares changed hands during trading, an increase of 66% from the previous session’s volume of 122,819 shares.The stock last traded at $53.67 and had previously closed at $53.46.

Dimensional Global Core Plus Fixed Income ETF Price Performance

The company’s 50 day moving average is $52.94 and its 200 day moving average is $53.95.

Dimensional Global Core Plus Fixed Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, February 21st. Shareholders of record on Wednesday, February 19th were paid a $0.0212 dividend. The ex-dividend date of this dividend was Wednesday, February 19th.

Institutional Trading of Dimensional Global Core Plus Fixed Income ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DFGP. Wealth Enhancement Advisory Services LLC raised its stake in shares of Dimensional Global Core Plus Fixed Income ETF by 193.9% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 22,485 shares of the company’s stock valued at $1,239,000 after buying an additional 14,834 shares during the period. Penobscot Wealth Management increased its position in shares of Dimensional Global Core Plus Fixed Income ETF by 8.7% in the third quarter. Penobscot Wealth Management now owns 93,768 shares of the company’s stock worth $5,167,000 after purchasing an additional 7,474 shares during the last quarter. Farther Finance Advisors LLC bought a new stake in shares of Dimensional Global Core Plus Fixed Income ETF during the 3rd quarter worth $77,000. Forum Financial Management LP boosted its holdings in shares of Dimensional Global Core Plus Fixed Income ETF by 3.8% in the 3rd quarter. Forum Financial Management LP now owns 5,301,763 shares of the company’s stock worth $292,127,000 after purchasing an additional 194,495 shares in the last quarter. Finally, Aspire Wealth Management Corp bought a new stake in shares of Dimensional Global Core Plus Fixed Income ETF in the 3rd quarter worth approximately $95,000.

About Dimensional Global Core Plus Fixed Income ETF

The Dimensional Global Core Plus Fixed Income ETF (DFGP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to maximize total returns through investments in the global fixed income space. Holdings include debt securities of any credit quality and maturity within 20 years.