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

Dimensional Global Credit ETF (NASDAQ:DGCB) was the recipient of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 7,700 shares, a decline of 19.8% from the February 13th total of 9,600 shares. Based on an average daily trading volume, of 70,400 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Dimensional Global Credit ETF Price Performance

Shares of DGCB traded up $0.18 during trading hours on Wednesday, reaching $53.31. 28,043 shares of the company traded hands, compared to its average volume of 54,867. Dimensional Global Credit ETF has a 12-month low of $51.57 and a 12-month high of $55.16. The business has a fifty day moving average price of $52.90 and a 200-day moving average price of $53.52.

Dimensional Global Credit ETF Increases Dividend

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

Institutional Investors Weigh In On Dimensional Global Credit ETF

A number of large investors have recently made changes to their positions in DGCB. Bank of America Corp DE boosted its holdings in Dimensional Global Credit ETF by 12.9% in the fourth quarter. Bank of America Corp DE now owns 814,088 shares of the company’s stock valued at $42,821,000 after purchasing an additional 93,150 shares during the last quarter. Betterment LLC boosted 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 valued at $4,882,000 after purchasing an additional 31,701 shares during the last quarter. OneDigital Investment Advisors LLC boosted its holdings in Dimensional Global Credit ETF by 35.3% in the fourth quarter. OneDigital Investment Advisors LLC now owns 145,715 shares of the company’s stock valued at $7,665,000 after purchasing an additional 38,023 shares during the last quarter. GeoWealth Management LLC boosted its holdings in Dimensional Global Credit ETF by 20.0% in the fourth 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 holdings in Dimensional Global Credit ETF by 22.7% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 32,540 shares of the company’s stock valued at $1,780,000 after purchasing an additional 6,027 shares during 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.