Commonwealth Equity Services LLC Grows Holdings in Dimensional Global Credit ETF (NASDAQ:DGCB)

Commonwealth Equity Services LLC lifted its position in shares of Dimensional Global Credit ETF (NASDAQ:DGCB) by 7.4% during the 4th quarter, HoldingsChannel reports. The fund owned 287,292 shares of the company’s stock after purchasing an additional 19,742 shares during the period. Commonwealth Equity Services LLC’s holdings in Dimensional Global Credit ETF were worth $15,112,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Geneos Wealth Management Inc. purchased a new position in shares of Dimensional Global Credit ETF in the fourth quarter worth about $242,000. IFP Advisors Inc boosted its stake in Dimensional Global Credit ETF by 16.5% during the fourth quarter. IFP Advisors Inc now owns 5,838 shares of the company’s stock worth $307,000 after buying an additional 827 shares during the last quarter. Kestra Investment Management LLC purchased a new stake in Dimensional Global Credit ETF in the 4th quarter valued at $361,000. Silver Oak Securities Incorporated raised its holdings in shares of 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 worth $379,000 after acquiring an additional 449 shares during the period. Finally, Two West Capital Advisors LLC boosted its position in shares of Dimensional Global Credit ETF by 51.7% during the 4th quarter. Two West Capital Advisors LLC now owns 11,952 shares of the company’s stock valued at $629,000 after acquiring an additional 4,075 shares during the last quarter.

Dimensional Global Credit ETF Stock Performance

Dimensional Global Credit ETF stock opened at $53.08 on Tuesday. The company has a 50-day moving average price of $52.88 and a 200 day moving average price of $53.52. Dimensional Global Credit ETF has a 12-month low of $51.57 and a 12-month high of $55.16.

Dimensional Global Credit ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, February 21st. Stockholders of record on Wednesday, February 19th were issued a dividend of $0.1859 per share. The ex-dividend date was Wednesday, February 19th. This is an increase from Dimensional Global Credit ETF’s previous dividend of $0.01.

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.