Cogent Private Wealth Inc. Makes New Investment in Dimensional Global Credit ETF $DGCB

Cogent Private Wealth Inc. bought a new position in Dimensional Global Credit ETF (NASDAQ:DGCB) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 47,773 shares of the company’s stock, valued at approximately $2,591,000. Dimensional Global Credit ETF makes up about 2.0% of Cogent Private Wealth Inc.’s holdings, making the stock its 15th largest position.

Several other institutional investors and hedge funds also recently made changes to their positions in DGCB. CWM LLC lifted its position in Dimensional Global Credit ETF by 27.5% in the 4th quarter. CWM LLC now owns 988 shares of the company’s stock valued at $54,000 after acquiring an additional 213 shares in the last quarter. Washington Trust Advisors Inc. purchased a new position in shares of Dimensional Global Credit ETF in the third quarter worth $74,000. Raymond James Financial Inc. bought a new position in shares of Dimensional Global Credit ETF during the second quarter valued at $111,000. Northwestern Mutual Wealth Management Co. bought a new position in shares of Dimensional Global Credit ETF during the fourth quarter valued at $132,000. Finally, Ashton Thomas Private Wealth LLC purchased a new stake in shares of Dimensional Global Credit ETF during the first quarter valued at $201,000.

Dimensional Global Credit ETF Stock Down 0.0%

Dimensional Global Credit ETF stock opened at $54.77 on Tuesday. Dimensional Global Credit ETF has a one year low of $53.16 and a one year high of $56.03. The business’s fifty day moving average is $54.42 and its 200 day moving average is $54.59.

Dimensional Global Credit ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, May 21st. Stockholders of record on Tuesday, May 19th were issued a dividend of $0.2192 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend was Tuesday, May 19th.

Dimensional Global Credit ETF 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.