Dimensional Global Core Plus Fixed Income ETF (NASDAQ:DFGP) Sees Significant Drop in Short Interest

Dimensional Global Core Plus Fixed Income ETF (NASDAQ:DFGP) was the recipient of a significant decline in short interest in October. As of October 31st, there was short interest totalling 62,200 shares, a decline of 68.6% from the October 15th total of 198,400 shares. Based on an average trading volume of 103,000 shares, the days-to-cover ratio is presently 0.6 days.

Dimensional Global Core Plus Fixed Income ETF Price Performance

Dimensional Global Core Plus Fixed Income ETF stock traded up $0.02 during midday trading on Thursday, hitting $54.09. The company’s stock had a trading volume of 59,310 shares, compared to its average volume of 108,536. The stock’s 50-day moving average price is $54.71 and its 200-day moving average price is $53.85. Dimensional Global Core Plus Fixed Income ETF has a 12 month low of $50.61 and a 12 month high of $55.46.

Dimensional Global Core Plus Fixed Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, October 24th. Investors of record on Tuesday, October 22nd were paid a $0.1579 dividend. The ex-dividend date was Tuesday, October 22nd. This represents a $1.89 dividend on an annualized basis and a yield of 3.50%.

Hedge Funds Weigh In On Dimensional Global Core Plus Fixed Income ETF

A number of institutional investors have recently bought and sold shares of the stock. Forum Financial Management LP increased its stake in Dimensional Global Core Plus Fixed Income ETF by 3.8% in the 3rd quarter. Forum Financial Management LP now owns 5,301,763 shares of the company’s stock worth $292,127,000 after purchasing an additional 194,495 shares in the last quarter. von Borstel & Associates Inc. purchased a new position in Dimensional Global Core Plus Fixed Income ETF during the 3rd quarter valued at about $31,532,000. Ruedi Wealth Management Inc. grew its stake in Dimensional Global Core Plus Fixed Income ETF by 68.5% during the 3rd quarter. Ruedi Wealth Management Inc. now owns 478,402 shares of the company’s stock valued at $26,360,000 after acquiring an additional 194,475 shares in the last quarter. AE Wealth Management LLC purchased a new position in Dimensional Global Core Plus Fixed Income ETF during the 2nd quarter valued at about $22,450,000. Finally, McCarthy Grittinger Financial Group LLC grew its stake in Dimensional Global Core Plus Fixed Income ETF by 2.6% during the 2nd quarter. McCarthy Grittinger Financial Group LLC now owns 421,760 shares of the company’s stock valued at $22,315,000 after acquiring an additional 10,849 shares in the last quarter.

About Dimensional Global Core Plus Fixed Income ETF

The Dimensional Global Core Plus Fixed Income ETF (DFGP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to maximize total returns through investments in the global fixed income space. Holdings include debt securities of any credit quality and maturity within 20 years.