Kestra Investment Management LLC Takes $361,000 Position in Dimensional Global Credit ETF (NASDAQ:DGCB)

Kestra Investment Management LLC purchased a new position in shares of Dimensional Global Credit ETF (NASDAQ:DGCB) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 6,862 shares of the company’s stock, valued at approximately $361,000. Kestra Investment Management LLC owned 0.07% of Dimensional Global Credit ETF as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Aspire Private Capital LLC raised its position in shares of Dimensional Global Credit ETF by 1.8% during the fourth quarter. Aspire Private Capital LLC now owns 12,775 shares of the company’s stock worth $672,000 after purchasing an additional 232 shares during the period. Silver Oak Securities Incorporated increased its stake in Dimensional Global Credit ETF by 6.7% during the 4th quarter. Silver Oak Securities Incorporated now owns 7,187 shares of the company’s stock valued at $379,000 after purchasing an additional 449 shares in the last quarter. Copperleaf Capital LLC increased its stake in Dimensional Global Credit ETF by 3.6% during the 4th quarter. Copperleaf Capital LLC now owns 17,882 shares of the company’s stock valued at $941,000 after purchasing an additional 619 shares in the last quarter. Firethorn Wealth Partners LLC raised its holdings in Dimensional Global Credit ETF by 9.3% during the fourth quarter. Firethorn Wealth Partners LLC now owns 14,532 shares of the company’s stock worth $764,000 after buying an additional 1,238 shares during the last quarter. Finally, Savvy Advisors Inc. lifted its stake in shares of Dimensional Global Credit ETF by 63.6% in the third quarter. Savvy Advisors Inc. now owns 6,397 shares of the company’s stock valued at $351,000 after buying an additional 2,487 shares in the last quarter.

Dimensional Global Credit ETF Price Performance

NASDAQ:DGCB opened at $52.84 on Thursday. Dimensional Global Credit ETF has a one year low of $51.57 and a one year high of $55.16. The firm has a 50-day moving average of $52.75 and a 200-day moving average of $53.63.

Dimensional Global Credit ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, February 21st. Shareholders of record on Wednesday, February 19th will be issued a dividend of $0.1859 per share. This is a positive change from Dimensional Global Credit ETF’s previous dividend of $0.01. The ex-dividend date of this dividend is Wednesday, February 19th.

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.