Dimensional Global Credit ETF (NASDAQ:DGCB) Announces Monthly Dividend of $0.14

Dimensional Global Credit ETF (NASDAQ:DGCB) announced a monthly dividend on Monday, August 17th, NASDAQ Dividends reports. Stockholders of record on Tuesday, August 18th will be given a dividend of 0.1378 per share on Thursday, August 20th. This represents a c) dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Tuesday, August 18th.

Dimensional Global Credit ETF Price Performance

NASDAQ DGCB traded down $0.14 during mid-day trading on Tuesday, reaching $53.18. The stock had a trading volume of 97,152 shares, compared to its average volume of 97,425. Dimensional Global Credit ETF has a 1 year low of $52.98 and a 1 year high of $56.03. The company has a fifty day moving average price of $54.10 and a 200 day moving average price of $54.41.

Institutional Investors Weigh In On Dimensional Global Credit ETF

Institutional investors have recently modified their holdings of the business. Williams & Novak LLC raised its position in Dimensional Global Credit ETF by 4.3% in the 2nd quarter. Williams & Novak LLC now owns 6,114 shares of the company’s stock worth $334,000 after buying an additional 250 shares during the last quarter. Apella Capital LLC boosted its holdings in shares of Dimensional Global Credit ETF by 1,570.9% during the 2nd quarter. Apella Capital LLC now owns 164,065 shares of the company’s stock valued at $8,919,000 after acquiring an additional 154,246 shares during the last quarter. Optimus Capital Advisors LLC grew its stake in shares of Dimensional Global Credit ETF by 2.4% in the first quarter. Optimus Capital Advisors LLC now owns 106,662 shares of the company’s stock worth $5,774,000 after acquiring an additional 2,487 shares during the period. E Wealth Partners LLC grew its stake in shares of Dimensional Global Credit ETF by 5.9% in the first quarter. E Wealth Partners LLC now owns 157,875 shares of the company’s stock worth $8,547,000 after acquiring an additional 8,828 shares during the period. Finally, NewEdge Advisors LLC raised its holdings in shares of Dimensional Global Credit ETF by 0.8% during the first quarter. NewEdge Advisors LLC now owns 187,982 shares of the company’s stock valued at $10,176,000 after purchasing an additional 1,485 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.