Dimensional Global Credit ETF $DGCB Shares Acquired by Dravo Bay LLC

Dravo Bay LLC boosted its stake in Dimensional Global Credit ETF (NASDAQ:DGCB) by 1.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 194,706 shares of the company’s stock after purchasing an additional 2,492 shares during the quarter. Dimensional Global Credit ETF comprises 5.2% of Dravo Bay LLC’s investment portfolio, making the stock its 5th biggest position. Dravo Bay LLC’s holdings in Dimensional Global Credit ETF were worth $10,740,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Integrity Alliance LLC. raised its stake in Dimensional Global Credit ETF by 10.0% in the second quarter. Integrity Alliance LLC. now owns 522,447 shares of the company’s stock valued at $28,332,000 after purchasing an additional 47,367 shares in the last quarter. Austin Private Wealth LLC raised its stake in Dimensional Global Credit ETF by 22.9% in the second quarter. Austin Private Wealth LLC now owns 32,238 shares of the company’s stock valued at $1,748,000 after purchasing an additional 6,005 shares in the last quarter. Ashton Thomas Private Wealth LLC raised its stake in Dimensional Global Credit ETF by 209.6% in the second quarter. Ashton Thomas Private Wealth LLC now owns 11,729 shares of the company’s stock valued at $636,000 after purchasing an additional 7,940 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Dimensional Global Credit ETF by 15.6% in the second quarter. Envestnet Asset Management Inc. now owns 592,144 shares of the company’s stock valued at $32,112,000 after purchasing an additional 79,771 shares in the last quarter. Finally, Brookstone Capital Management acquired a new position in Dimensional Global Credit ETF in the second quarter valued at about $837,000.

Dimensional Global Credit ETF Stock Down 0.2%

DGCB stock opened at $55.19 on Friday. The business has a 50-day simple moving average of $55.37 and a 200 day simple moving average of $54.26. Dimensional Global Credit ETF has a 52 week low of $51.29 and a 52 week high of $56.03.

Dimensional Global Credit ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Tuesday, October 21st were paid a dividend of $0.5204 per share. The ex-dividend date of this dividend was Tuesday, October 21st. This represents a c) annualized dividend and a yield of 11.3%.

Dimensional Global Credit ETF Company 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.