GeoWealth Management LLC Boosts Stock Position in Dimensional Global Credit ETF (NASDAQ:DGCB)

GeoWealth Management LLC raised its position in Dimensional Global Credit ETF (NASDAQ:DGCB) by 20.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,603 shares of the company’s stock after purchasing an additional 1,933 shares during the period. GeoWealth Management LLC owned about 0.12% of Dimensional Global Credit ETF worth $610,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DGCB. Geneos Wealth Management Inc. acquired a new position in shares of Dimensional Global Credit ETF in the fourth quarter valued at approximately $242,000. Symmetry Partners LLC acquired a new position in Dimensional Global Credit ETF in the 4th quarter valued at $283,000. IFP Advisors Inc lifted its stake in shares of Dimensional Global Credit ETF by 16.5% during the 4th quarter. IFP Advisors Inc now owns 5,838 shares of the company’s stock worth $307,000 after purchasing an additional 827 shares during the period. Savvy Advisors Inc. boosted its holdings in shares of Dimensional Global Credit ETF by 4.3% during the fourth quarter. Savvy Advisors Inc. now owns 6,671 shares of the company’s stock worth $351,000 after purchasing 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 fourth quarter worth $361,000.

Dimensional Global Credit ETF Trading Down 0.1 %

Dimensional Global Credit ETF stock opened at $52.64 on Monday. The stock has a fifty day moving average price of $52.95 and a 200 day moving average price of $53.18. Dimensional Global Credit ETF has a 52 week low of $51.29 and a 52 week high of $55.16.

Dimensional Global Credit ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid a dividend of $0.122 per share. This represents a $1.46 dividend on an annualized basis and a dividend yield of 2.78%. The ex-dividend date was Tuesday, March 25th.

Dimensional Global Credit ETF Company Profile

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.