Vestmark Advisory Solutions Inc. Boosts Holdings in Dimensional Global Credit ETF $DGCB

Vestmark Advisory Solutions Inc. raised its position in Dimensional Global Credit ETF (NASDAQ:DGCB) by 6.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,538,407 shares of the company’s stock after buying an additional 92,337 shares during the quarter. Dimensional Global Credit ETF comprises about 1.1% of Vestmark Advisory Solutions Inc.’s holdings, making the stock its 12th largest position. Vestmark Advisory Solutions Inc. owned approximately 9.93% of Dimensional Global Credit ETF worth $83,440,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Kane Co Wealth Management Inc. acquired a new stake in shares of Dimensional Global Credit ETF in the 4th quarter worth $396,000. USAdvisors Wealth Management LLC increased its stake in shares of Dimensional Global Credit ETF by 4.1% during the fourth quarter. USAdvisors Wealth Management LLC now owns 6,857 shares of the company’s stock worth $371,000 after acquiring an additional 267 shares during the period. Thrivent Financial for Lutherans acquired a new position in shares of Dimensional Global Credit ETF during the fourth quarter worth about $2,854,000. Williams & Novak LLC purchased a new position in Dimensional Global Credit ETF during the fourth quarter worth about $314,000. Finally, Allworth Financial LP lifted its position in Dimensional Global Credit ETF by 111.7% in the fourth quarter. Allworth Financial LP now owns 124,966 shares of the company’s stock valued at $6,778,000 after purchasing an additional 65,936 shares during the period.

Dimensional Global Credit ETF Stock Up 0.1%

Shares of DGCB opened at $54.34 on Friday. The stock’s 50 day moving average is $54.36 and its two-hundred day moving average is $54.61. Dimensional Global Credit ETF has a twelve month low of $52.49 and a twelve month high of $56.03.

Dimensional Global Credit ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Thursday, May 21st. Investors of record on Tuesday, May 19th were paid a $0.2192 dividend. The ex-dividend date was Tuesday, May 19th. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%.

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.