Broadhurst Jeffrey B Purchases Shares of 37,708 Dimensional Global Credit ETF $DGCB

Broadhurst Jeffrey B purchased a new position in Dimensional Global Credit ETF (NASDAQ:DGCB) during the 1st quarter, Holdings Channel reports. The fund purchased 37,708 shares of the company’s stock, valued at approximately $2,041,000. Dimensional Global Credit ETF comprises 2.1% of Broadhurst Jeffrey B’s holdings, making the stock its 17th largest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sei Investments Co. lifted its stake in shares of Dimensional Global Credit ETF by 41.9% during the 1st quarter. Sei Investments Co. now owns 11,241 shares of the company’s stock valued at $609,000 after buying an additional 3,321 shares in the last quarter. Hershey Financial Advisers LLC raised its holdings in Dimensional Global Credit ETF by 8.1% during the 1st quarter. Hershey Financial Advisers LLC now owns 9,848 shares of the company’s stock valued at $533,000 after buying an additional 738 shares during the period. Geneos Wealth Management Inc. lifted its holdings in shares of Dimensional Global Credit ETF by 22.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 7,224 shares of the company’s stock worth $391,000 after acquiring an additional 1,301 shares during the last quarter. Vantage Point Financial LLC lifted its stake in Dimensional Global Credit ETF by 5.3% in the first quarter. Vantage Point Financial LLC now owns 100,845 shares of the company’s stock worth $5,459,000 after purchasing an additional 5,096 shares during the last quarter. Finally, Diversify Wealth Management LLC bought a new stake in shares of Dimensional Global Credit ETF during the 1st quarter worth approximately $849,000.

Dimensional Global Credit ETF Stock Performance

NASDAQ DGCB opened at $53.23 on Friday. Dimensional Global Credit ETF has a 12 month low of $52.98 and a 12 month high of $56.03. The company’s 50-day moving average price is $54.45 and its 200-day moving average price is $54.52.

Dimensional Global Credit ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, July 23rd. Shareholders of record on Tuesday, July 21st were paid a $0.6839 dividend. The ex-dividend date was Tuesday, July 21st. This represents a c) dividend on an annualized basis and a yield of 15.4%. This is an increase from Dimensional Global Credit ETF’s previous monthly dividend of $0.41.

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.