Envestnet Portfolio Solutions Inc. Makes New $489.85 Million Investment in Dimensional Global Credit ETF $DGCB

Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Dimensional Global Credit ETF (NASDAQ:DGCB) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 9,728,917 shares of the company’s stock, valued at approximately $489,853,000. Dimensional Global Credit ETF accounts for about 2.1% of Envestnet Portfolio Solutions Inc.’s portfolio, making the stock its 9th biggest position. Envestnet Portfolio Solutions Inc. owned approximately 46.11% of Dimensional Global Credit ETF as of its most recent SEC filing.

Several other large investors have also made changes to their positions in DGCB. Integrity Advisory Solutions LLC grew its position in shares of Dimensional Global Credit ETF by 16.8% during the fourth quarter. Integrity Advisory Solutions LLC now owns 1,010,567 shares of the company’s stock worth $54,811,000 after purchasing an additional 145,062 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Dimensional Global Credit ETF by 24.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 819,826 shares of the company’s stock valued at $44,820,000 after purchasing an additional 162,981 shares during the period. Integrity Alliance LLC. lifted 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 worth $42,590,000 after purchasing an additional 201,801 shares in the last quarter. Tencap Wealth Coaching LLC purchased a new position in Dimensional Global Credit ETF in the 4th quarter worth approximately $23,464,000. Finally, Allworth Financial LP boosted its stake in Dimensional Global Credit ETF by 40.4% in the 2nd quarter. Allworth Financial LP now owns 386,625 shares of the company’s stock worth $21,137,000 after purchasing an additional 111,202 shares during the period.

Dimensional Global Credit ETF Trading Down 1.0%

DGCB traded down $0.51 during trading on Wednesday, reaching $52.26. 318,916 shares of the company traded hands, compared to its average volume of 97,494. Dimensional Global Credit ETF has a 12-month low of $52.20 and a 12-month high of $56.03. The firm has a fifty day simple moving average of $53.23 and a 200 day simple moving average of $54.04.

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.