Dimensional Global Credit ETF (NASDAQ:DGCB) Short Interest Update

Dimensional Global Credit ETF (NASDAQ:DGCB) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 18,490 shares, an increase of 61.9% from the July 15th total of 11,422 shares. Based on an average daily volume of 122,261 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Dimensional Global Credit ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Tencap Wealth Coaching LLC acquired a new stake in shares of Dimensional Global Credit ETF in the fourth quarter valued at about $23,464,000. AA Financial Advisors LLC purchased a new position in Dimensional Global Credit ETF in the 1st quarter valued at about $17,125,000. Integrity Alliance LLC. boosted its holdings in Dimensional Global Credit ETF by 34.6% in the 4th quarter. Integrity Alliance LLC. now owns 785,250 shares of the company’s stock worth $42,590,000 after buying an additional 201,801 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in Dimensional Global Credit ETF during the 3rd quarter worth approximately $8,852,000. Finally, Apella Capital LLC raised its holdings in shares of Dimensional Global Credit ETF by 1,570.9% during the second quarter. Apella Capital LLC now owns 164,065 shares of the company’s stock valued at $8,919,000 after acquiring an additional 154,246 shares during the last quarter.

Dimensional Global Credit ETF Stock Performance

NASDAQ DGCB traded up $0.14 during mid-day trading on Wednesday, reaching $53.33. 10,475 shares of the stock were exchanged, compared to its average volume of 96,826. The business’s 50 day moving average is $54.07 and its 200-day moving average is $54.40. Dimensional Global Credit ETF has a 1 year low of $52.98 and a 1 year high of $56.03.

Dimensional Global Credit ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Tuesday, August 18th will be paid a dividend of $0.1378 per share. This represents a c) annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend is Tuesday, August 18th.

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.