TRU Independence Asset Management 2 LLC Boosts Position in Dimensional Global Credit ETF (NASDAQ:DGCB)

TRU Independence Asset Management 2 LLC increased its stake in Dimensional Global Credit ETF (NASDAQ:DGCB) by 253.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 94,481 shares of the company’s stock after purchasing an additional 67,783 shares during the quarter. Dimensional Global Credit ETF comprises 4.1% of TRU Independence Asset Management 2 LLC’s investment portfolio, making the stock its 6th largest holding. TRU Independence Asset Management 2 LLC’s holdings in Dimensional Global Credit ETF were worth $4,970,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Geneos Wealth Management Inc. bought a new stake in Dimensional Global Credit ETF in the 4th quarter valued at about $242,000. Farther Finance Advisors LLC lifted its holdings in shares of Dimensional Global Credit ETF by 70.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 6,306 shares of the company’s stock worth $346,000 after purchasing an additional 2,608 shares in the last quarter. Savvy Advisors Inc. grew its position in Dimensional Global Credit ETF by 63.6% in the 3rd quarter. Savvy Advisors Inc. now owns 6,397 shares of the company’s stock valued at $351,000 after purchasing an additional 2,487 shares during the period. Park Avenue Securities LLC bought a new stake in Dimensional Global Credit ETF during the 3rd quarter valued at $510,000. Finally, Two West Capital Advisors LLC raised its holdings in Dimensional Global Credit ETF by 51.7% during the fourth quarter. Two West Capital Advisors LLC now owns 11,952 shares of the company’s stock worth $629,000 after buying an additional 4,075 shares during the last quarter.

Dimensional Global Credit ETF Trading Up 0.5 %

Shares of NASDAQ DGCB opened at $52.80 on Tuesday. Dimensional Global Credit ETF has a 1 year low of $51.57 and a 1 year high of $55.16. The company has a 50-day moving average price of $52.99 and a 200-day moving average price of $53.66.

Dimensional Global Credit ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, January 24th. Investors of record on Wednesday, January 22nd were issued a dividend of $0.0078 per share. The ex-dividend date was Wednesday, January 22nd.

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.