Vestmark Advisory Solutions Inc. Raises Stake in Dimensional Global Credit ETF (NASDAQ:DGCB)

Vestmark Advisory Solutions Inc. lifted its position in Dimensional Global Credit ETF (NASDAQ:DGCB) by 5.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,232,828 shares of the company’s stock after buying an additional 68,659 shares during the quarter. Dimensional Global Credit ETF makes up approximately 2.2% of Vestmark Advisory Solutions Inc.’s portfolio, making the stock its 6th biggest holding. Vestmark Advisory Solutions Inc. owned approximately 12.71% of Dimensional Global Credit ETF worth $64,847,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. DiNuzzo Private Wealth Inc. increased its position in shares of Dimensional Global Credit ETF by 2.9% in the fourth quarter. DiNuzzo Private Wealth Inc. now owns 329,055 shares of the company’s stock valued at $17,308,000 after acquiring an additional 9,227 shares during the period. Dravo Bay LLC boosted its holdings in Dimensional Global Credit ETF by 5.3% in the fourth quarter. Dravo Bay LLC now owns 200,106 shares of the company’s stock worth $10,526,000 after purchasing an additional 9,985 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its stake in shares of Dimensional Global Credit ETF by 53.8% during the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 132,836 shares of the company’s stock valued at $6,987,000 after purchasing an additional 46,494 shares during the period. OneDigital Investment Advisors LLC lifted its position in Dimensional Global Credit ETF by 33.2% during the third 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, TRU Independence Asset Management 2 LLC boosted its position in shares of Dimensional Global Credit ETF by 253.9% in the fourth quarter. TRU Independence Asset Management 2 LLC now owns 94,481 shares of the company’s stock worth $4,970,000 after purchasing an additional 67,783 shares during the period.

Dimensional Global Credit ETF Stock Down 0.4 %

Dimensional Global Credit ETF stock opened at $53.21 on Thursday. The firm’s fifty day moving average is $52.81 and its 200 day moving average is $53.60. Dimensional Global Credit ETF has a 52-week low of $51.57 and a 52-week high of $55.16.

Dimensional Global Credit ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, February 21st. Shareholders of record on Wednesday, February 19th were given a dividend of $0.1859 per share. The ex-dividend date of this dividend was Wednesday, February 19th. This is a boost from Dimensional Global Credit ETF’s previous dividend of $0.01.

Dimensional Global Credit ETF 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.