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

Dimensional Global Credit ETF (NASDAQ:DGCB) was the target of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 9,600 shares, a growth of 71.4% from the January 31st total of 5,600 shares. Based on an average trading volume of 71,900 shares, the days-to-cover ratio is presently 0.1 days.

Dimensional Global Credit ETF Trading Down 0.1 %

Shares of DGCB traded down $0.08 during trading hours on Tuesday, hitting $53.57. The company had a trading volume of 28,129 shares, compared to its average volume of 77,764. Dimensional Global Credit ETF has a one year low of $51.57 and a one year high of $55.16. The company’s fifty day moving average price is $52.78 and its two-hundred day moving average price is $53.60.

Dimensional Global Credit ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, February 21st. Shareholders of record on Wednesday, February 19th were given a dividend of $0.1859 per share. This is a positive change from Dimensional Global Credit ETF’s previous dividend of $0.01. The ex-dividend date of this dividend was Wednesday, February 19th.

Institutional Trading of Dimensional Global Credit ETF

Institutional investors have recently modified their holdings of the company. Bank of America Corp DE raised its stake in shares of Dimensional Global Credit ETF by 12.9% during the 4th quarter. Bank of America Corp DE now owns 814,088 shares of the company’s stock worth $42,821,000 after acquiring an additional 93,150 shares in the last quarter. Betterment LLC grew its holdings in Dimensional Global Credit ETF by 51.9% in the fourth quarter. Betterment LLC now owns 92,808 shares of the company’s stock worth $4,882,000 after purchasing an additional 31,701 shares during the last quarter. OneDigital Investment Advisors LLC increased its position in shares of Dimensional Global Credit ETF by 35.3% during the fourth quarter. OneDigital Investment Advisors LLC now owns 145,715 shares of the company’s stock worth $7,665,000 after purchasing an additional 38,023 shares in the last quarter. GeoWealth Management LLC lifted its holdings in shares of Dimensional Global Credit ETF by 20.0% during the 4th quarter. GeoWealth Management LLC now owns 11,603 shares of the company’s stock valued at $610,000 after purchasing an additional 1,933 shares during the last quarter. Finally, Strategic Investment Solutions Inc. IL boosted its position in shares of Dimensional Global Credit ETF by 22.7% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 32,540 shares of the company’s stock worth $1,780,000 after purchasing an additional 6,027 shares in the last quarter.

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.