Dimensional Global Credit ETF (NASDAQ:DGCB) Short Interest Update

Dimensional Global Credit ETF (NASDAQ:DGCB) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 7,000 shares, a drop of 57.1% from the December 15th total of 16,300 shares. Based on an average daily trading volume, of 56,700 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of Dimensional Global Credit ETF

Large investors have recently made changes to their positions in the company. Park Avenue Securities LLC boosted its holdings in Dimensional Global Credit ETF by 95.0% in the fourth quarter. Park Avenue Securities LLC now owns 18,144 shares of the company’s stock worth $954,000 after acquiring an additional 8,838 shares in the last quarter. Virtu Financial LLC lifted its holdings in shares of Dimensional Global Credit ETF by 532.2% in the 3rd quarter. Virtu Financial LLC now owns 73,585 shares of the company’s stock worth $4,035,000 after purchasing an additional 61,946 shares in the last quarter. CreativeOne Wealth LLC grew its position in Dimensional Global Credit ETF by 68.5% in the 3rd quarter. CreativeOne Wealth LLC now owns 11,908 shares of the company’s stock valued at $653,000 after purchasing an additional 4,841 shares during the period. OneDigital Investment Advisors LLC increased its stake in Dimensional Global Credit ETF by 33.2% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 107,692 shares of the company’s stock valued at $5,906,000 after purchasing an additional 26,816 shares in the last quarter. Finally, Savvy Advisors Inc. raised its holdings in Dimensional Global Credit ETF by 63.6% during the third quarter. Savvy Advisors Inc. now owns 6,397 shares of the company’s stock worth $351,000 after buying an additional 2,487 shares during the last quarter.

Dimensional Global Credit ETF Stock Performance

Shares of NASDAQ:DGCB traded up $0.02 during mid-day trading on Tuesday, hitting $51.89. The company had a trading volume of 146,320 shares, compared to its average volume of 124,140. Dimensional Global Credit ETF has a one year low of $51.57 and a one year high of $55.16. The firm has a fifty day moving average price of $53.21 and a 200 day moving average price of $53.68.

Dimensional Global Credit ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 19th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.4569 per share. The ex-dividend date was Tuesday, December 17th.

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.