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

Dimensional Global Credit ETF (NASDAQ:DGCB) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 59,738 shares, a growth of 223.1% from the July 30th total of 18,490 shares. Based on an average trading volume of 83,936 shares, the short-interest ratio is presently 0.7 days. Approximately 0.3% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. RFG Advisory LLC raised its stake in shares of Dimensional Global Credit ETF by 5.0% in the fourth quarter. RFG Advisory LLC now owns 260,250 shares of the company’s stock valued at $14,115,000 after purchasing an additional 12,348 shares in the last quarter. Vestmark Advisory Solutions Inc. boosted its stake in Dimensional Global Credit ETF by 6.4% during the fourth quarter. Vestmark Advisory Solutions Inc. now owns 1,538,407 shares of the company’s stock worth $83,440,000 after buying an additional 92,337 shares in the last quarter. Integrity Alliance LLC. increased 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 valued at $42,590,000 after buying an additional 201,801 shares during the period. Thrivent Financial for Lutherans acquired a new position in shares of Dimensional Global Credit ETF in the 4th quarter valued at $2,854,000. Finally, Heffernan Advisory Inc. acquired a new position in shares of Dimensional Global Credit ETF in the 4th quarter valued at $2,282,000.

Dimensional Global Credit ETF Stock Performance

Shares of NASDAQ:DGCB remained flat at $53.36 during midday trading on Thursday. The stock had a trading volume of 25,744 shares, compared to its average volume of 96,789. The stock’s fifty day moving average is $53.89 and its 200 day moving average is $54.34. Dimensional Global Credit ETF has a 12 month low of $52.98 and a 12 month high of $56.03.

Dimensional Global Credit ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, August 20th. Shareholders of record on Tuesday, August 18th were issued a $0.1378 dividend. The ex-dividend date of this dividend was Tuesday, August 18th. This represents a c) dividend on an annualized basis and a yield of 3.1%.

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.