Daner Wealth Management LLC Takes Position in Dimensional Global Credit ETF (NASDAQ:DGCB)

Daner Wealth Management LLC acquired a new position in Dimensional Global Credit ETF (NASDAQ:DGCB) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 26,248 shares of the company’s stock, valued at approximately $1,389,000. Dimensional Global Credit ETF comprises about 1.0% of Daner Wealth Management LLC’s holdings, making the stock its 18th biggest holding. Daner Wealth Management LLC owned 0.27% of Dimensional Global Credit ETF at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. bought a new stake in Dimensional Global Credit ETF during the fourth quarter valued at about $242,000. IFP Advisors Inc lifted its position in shares of Dimensional Global Credit ETF by 16.5% during the 4th quarter. IFP Advisors Inc now owns 5,838 shares of the company’s stock valued at $307,000 after buying an additional 827 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of Dimensional Global Credit ETF by 70.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 6,306 shares of the company’s stock valued at $346,000 after acquiring an additional 2,608 shares during the period. Savvy Advisors Inc. increased its holdings 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 worth $351,000 after acquiring an additional 2,487 shares in the last quarter. Finally, Kestra Investment Management LLC bought a new stake in Dimensional Global Credit ETF during the 4th quarter worth approximately $361,000.

Dimensional Global Credit ETF Stock Up 0.5 %

Shares of NASDAQ:DGCB opened at $53.48 on Wednesday. Dimensional Global Credit ETF has a 1-year low of $51.57 and a 1-year high of $55.16. The firm’s 50 day simple moving average is $52.71 and its two-hundred day simple moving average is $53.61.

Dimensional Global Credit ETF Increases Dividend

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