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

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

Dimensional Global Credit ETF Trading Up 0.3 %

Shares of Dimensional Global Credit ETF stock traded up $0.18 during trading hours on Wednesday, reaching $53.31. The stock had a trading volume of 28,043 shares, compared to its average volume of 54,867. The stock’s 50 day moving average is $52.90 and its 200 day moving average is $53.52. Dimensional Global Credit ETF has a twelve month low of $51.57 and a twelve month high of $55.16.

Dimensional Global Credit ETF Increases Dividend

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

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Park Avenue Securities LLC raised its position in shares of Dimensional Global Credit ETF by 95.0% in the fourth quarter. Park Avenue Securities LLC now owns 18,144 shares of the company’s stock worth $954,000 after acquiring an additional 8,838 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its position in shares of Dimensional Global Credit ETF by 53.8% during the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 132,836 shares of the company’s stock worth $6,987,000 after purchasing an additional 46,494 shares during the last quarter. Aspire Private Capital LLC raised its position in shares of 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 purchasing an additional 232 shares during the last quarter. CreativeOne Wealth LLC raised its position in shares of Dimensional Global Credit ETF by 68.5% during the 3rd quarter. CreativeOne Wealth LLC now owns 11,908 shares of the company’s stock worth $653,000 after purchasing an additional 4,841 shares during the last quarter. Finally, Kestra Investment Management LLC acquired a new position in shares of Dimensional Global Credit ETF during the 4th quarter worth about $361,000.

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.