Beacon Hill Wealth Management LTD. Acquires New Stake in Dimensional Global Credit ETF $DGCB

Beacon Hill Wealth Management LTD. acquired a new stake in Dimensional Global Credit ETF (NASDAQ:DGCB) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 126,290 shares of the company’s stock, valued at approximately $6,904,000. Dimensional Global Credit ETF makes up about 4.8% of Beacon Hill Wealth Management LTD.’s investment portfolio, making the stock its 8th largest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. CWM LLC grew its holdings in shares of Dimensional Global Credit ETF by 27.5% during the fourth quarter. CWM LLC now owns 988 shares of the company’s stock worth $54,000 after buying an additional 213 shares in the last quarter. Topsail Wealth Management LLC purchased a new position in shares of Dimensional Global Credit ETF in the first quarter worth about $55,000. Fifth Third Bancorp acquired a new position in Dimensional Global Credit ETF during the first quarter worth about $86,000. Raymond James Financial Inc. acquired a new position in Dimensional Global Credit ETF during the second quarter worth about $111,000. Finally, Northwestern Mutual Wealth Management Co. purchased a new stake in Dimensional Global Credit ETF during the 4th quarter valued at about $132,000.

Dimensional Global Credit ETF Trading Up 0.1%

DGCB stock opened at $53.07 on Friday. Dimensional Global Credit ETF has a 12 month low of $52.86 and a 12 month high of $56.03. The firm has a 50-day moving average of $53.66 and a two-hundred day moving average of $54.26.

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.