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

Broadhurst Jeffrey B bought a new stake in shares of Dimensional Global Credit ETF (NASDAQ:DGCB) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 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 investment portfolio, making the stock its 17th largest position. Broadhurst Jeffrey B owned approximately 0.21% of Dimensional Global Credit ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. CWM LLC grew its stake in shares of Dimensional Global Credit ETF by 27.5% in the fourth quarter. CWM LLC now owns 988 shares of the company’s stock worth $54,000 after acquiring an additional 213 shares during the last quarter. Topsail Wealth Management LLC purchased a new position in shares of Dimensional Global Credit ETF in the 1st quarter worth about $55,000. Fifth Third Bancorp bought a new position in Dimensional Global Credit ETF in the 1st quarter worth about $86,000. Raymond James Financial Inc. purchased a new stake in Dimensional Global Credit ETF during the 2nd quarter valued at about $111,000. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in Dimensional Global Credit ETF during the 4th quarter valued at about $132,000.

Dimensional Global Credit ETF Trading Up 0.3%

Shares of NASDAQ DGCB opened at $53.23 on Friday. The firm’s 50 day moving average price is $54.45 and its 200-day moving average price is $54.52. Dimensional Global Credit ETF has a 52-week low of $52.98 and a 52-week high of $56.03.

Dimensional Global Credit ETF Increases Dividend

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

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.