Dimensional Global Credit ETF (NASDAQ:DGCB – Get Free Report) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 35,207 shares, a decrease of 69.6% from the September 30th total of 115,763 shares. Based on an average daily trading volume, of 144,794 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.2% of the shares of the stock are short sold.
Institutional Trading of Dimensional Global Credit ETF
Hedge funds have recently bought and sold shares of the business. Austin Asset Management Co Inc lifted its stake in Dimensional Global Credit ETF by 150.9% in the 3rd quarter. Austin Asset Management Co Inc now owns 9,887 shares of the company’s stock worth $513,000 after purchasing an additional 5,947 shares in the last quarter. Wealth Advisors Northwest LLC increased its holdings in shares of Dimensional Global Credit ETF by 5.6% in the third quarter. Wealth Advisors Northwest LLC now owns 403,654 shares of the company’s stock valued at $20,952,000 after purchasing an additional 21,363 shares during the last quarter. Choreo LLC increased its holdings in shares of Dimensional Global Credit ETF by 11.1% in the third quarter. Choreo LLC now owns 10,813 shares of the company’s stock valued at $561,000 after purchasing an additional 1,080 shares during the last quarter. Park Avenue Securities LLC purchased a new position in Dimensional Global Credit ETF during the third quarter worth approximately $11,941,000. Finally, CSP Financial Group LLC lifted its position in Dimensional Global Credit ETF by 38.5% during the third quarter. CSP Financial Group LLC now owns 141,481 shares of the company’s stock worth $7,344,000 after buying an additional 39,354 shares in the last quarter.
Dimensional Global Credit ETF Price Performance
Shares of NASDAQ DGCB traded up $0.15 during mid-day trading on Thursday, reaching $52.53. The company’s stock had a trading volume of 151,314 shares, compared to its average volume of 103,027. The stock has a 50-day moving average of $52.54 and a two-hundred day moving average of $53.93. Dimensional Global Credit ETF has a 1-year low of $51.73 and a 1-year high of $55.38.
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.
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