Dimensional Global Credit ETF (DGCB) To Go Ex-Dividend on December 16th

Dimensional Global Credit ETF (NASDAQ:DGCB) announced a monthly dividend on Monday, December 15th. Investors of record on Tuesday, December 16th will be paid a dividend of 0.7043 per share on Thursday, December 18th. This represents a c) annualized dividend and a dividend yield of 15.6%. The ex-dividend date of this dividend is Tuesday, December 16th. This is a 121.3% increase from Dimensional Global Credit ETF’s previous monthly dividend of $0.32.

Dimensional Global Credit ETF Trading Down 1.2%

DGCB stock opened at $54.18 on Wednesday. The company has a 50 day simple moving average of $55.19 and a 200 day simple moving average of $54.75. Dimensional Global Credit ETF has a 1 year low of $51.29 and a 1 year high of $56.03.

Institutional Trading of Dimensional Global Credit ETF

A number of hedge funds have recently made changes to their positions in DGCB. Vestmark Advisory Solutions Inc. raised its holdings in Dimensional Global Credit ETF by 125.0% in the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 2,741,234 shares of the company’s stock valued at $148,657,000 after buying an additional 1,522,658 shares during the last quarter. Integrity Advisory Solutions LLC bought a new position in shares of Dimensional Global Credit ETF during the third quarter valued at $47,992,000. Integrity Alliance LLC. acquired a new position in shares of Dimensional Global Credit ETF during the first quarter worth $25,260,000. Integrated Wealth Concepts LLC bought a new stake in shares of Dimensional Global Credit ETF in the third quarter worth $8,852,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in Dimensional Global Credit ETF during the 3rd quarter worth $8,214,000.

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.