EverSource Wealth Advisors LLC Buys Shares of 16,849 Dimensional Global Credit ETF (NASDAQ:DGCB)

EverSource Wealth Advisors LLC acquired a new stake in Dimensional Global Credit ETF (NASDAQ:DGCB) in the 1st quarter, Holdings Channel reports. The firm acquired 16,849 shares of the company’s stock, valued at approximately $873,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Truist Financial Corp acquired a new position in Dimensional Global Credit ETF during the fourth quarter worth approximately $3,232,000. Aspire Private Capital LLC acquired a new position in shares of Dimensional Global Credit ETF in the fourth quarter valued at approximately $457,000. Virtu Financial LLC acquired a new position in shares of Dimensional Global Credit ETF in the fourth quarter valued at approximately $820,000. CreativeOne Wealth LLC acquired a new position in shares of Dimensional Global Credit ETF in the fourth quarter valued at approximately $247,000. Finally, RFG Advisory LLC acquired a new position in shares of Dimensional Global Credit ETF in the first quarter valued at approximately $651,000.

Dimensional Global Credit ETF Stock Up 0.7 %

Shares of DGCB traded up $0.40 during trading hours on Friday, reaching $54.00. 40,664 shares of the company traded hands, compared to its average volume of 43,680. The stock has a fifty day simple moving average of $52.92 and a 200 day simple moving average of $52.68. Dimensional Global Credit ETF has a fifty-two week low of $50.06 and a fifty-two week high of $54.04.

Dimensional Global Credit ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, July 18th. Investors of record on Tuesday, July 16th were issued a dividend of $0.2182 per share. This is an increase from Dimensional Global Credit ETF’s previous monthly dividend of $0.15. This represents a $2.62 annualized dividend and a dividend yield of 4.85%. The ex-dividend date of this dividend was Tuesday, July 16th.

Dimensional Global Credit ETF 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.