Dimensional Global Credit ETF (NASDAQ:DGCB) Stake Reduced by Hutchens & Kramer Investment Management Group LLC

Hutchens & Kramer Investment Management Group LLC reduced its stake in shares of Dimensional Global Credit ETF (NASDAQ:DGCB) by 20.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 5,468 shares of the company’s stock after selling 1,420 shares during the period. Hutchens & Kramer Investment Management Group LLC’s holdings in Dimensional Global Credit ETF were worth $288,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Park Avenue Securities LLC grew its stake in Dimensional Global Credit ETF by 95.0% during the 4th quarter. Park Avenue Securities LLC now owns 18,144 shares of the company’s stock worth $954,000 after buying an additional 8,838 shares during the last quarter. NewEdge Advisors LLC grew its stake in Dimensional Global Credit ETF by 177.2% during the 2nd quarter. NewEdge Advisors LLC now owns 57,017 shares of the company’s stock worth $3,003,000 after buying an additional 36,446 shares during the last quarter. Truist Financial Corp grew its stake in Dimensional Global Credit ETF by 16.5% during the 2nd quarter. Truist Financial Corp now owns 39,569 shares of the company’s stock worth $2,084,000 after buying an additional 5,604 shares during the last quarter. Strategic Investment Solutions Inc. IL bought a new position in Dimensional Global Credit ETF during the 2nd quarter worth $1,548,000. Finally, Aspire Private Capital LLC boosted its position in Dimensional Global Credit ETF by 1.8% during the 4th quarter. Aspire Private Capital LLC now owns 12,775 shares of the company’s stock worth $672,000 after acquiring an additional 232 shares during the period.

Dimensional Global Credit ETF Trading Up 0.5 %

Shares of DGCB stock opened at $52.80 on Tuesday. Dimensional Global Credit ETF has a 1 year low of $51.57 and a 1 year high of $55.16. The stock has a fifty day moving average of $52.99 and a two-hundred day moving average of $53.66.

Dimensional Global Credit ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, January 24th. Shareholders of record on Wednesday, January 22nd were given a dividend of $0.0078 per share. The ex-dividend date of this dividend was Wednesday, January 22nd.

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.