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

Dimensional Global Credit ETF (NASDAQ:DGCB) saw a significant growth in short interest in August. As of August 31st, there was short interest totalling 200,200 shares, a growth of 106.2% from the August 15th total of 97,100 shares. Based on an average trading volume of 47,300 shares, the days-to-cover ratio is presently 4.2 days.

Dimensional Global Credit ETF Trading Up 0.3 %

Shares of NASDAQ DGCB traded up $0.14 during mid-day trading on Friday, reaching $54.80. 30,842 shares of the company’s stock were exchanged, compared to its average volume of 45,417. The business has a fifty day simple moving average of $53.77 and a 200 day simple moving average of $53.00. Dimensional Global Credit ETF has a twelve month low of $50.06 and a twelve month high of $54.89.

Dimensional Global Credit ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, August 22nd. Stockholders of record on Tuesday, August 20th were given a dividend of $0.122 per share. This represents a $1.46 annualized dividend and a dividend yield of 2.67%. The ex-dividend date was Tuesday, August 20th.

Hedge Funds Weigh In On Dimensional Global Credit ETF

Large investors have recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL bought a new stake in shares of Dimensional Global Credit ETF in the second quarter valued at about $1,548,000. Truist Financial Corp raised its position in Dimensional Global Credit ETF by 16.5% in the 2nd quarter. Truist Financial Corp now owns 39,569 shares of the company’s stock valued at $2,084,000 after buying an additional 5,604 shares during the last quarter. NewEdge Advisors LLC lifted its stake in Dimensional Global Credit ETF by 177.2% in the 2nd quarter. NewEdge Advisors LLC now owns 57,017 shares of the company’s stock valued at $3,003,000 after acquiring an additional 36,446 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in Dimensional Global Credit ETF by 18.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 19,976 shares of the company’s stock worth $1,069,000 after acquiring an additional 3,127 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC bought a new position in shares of Dimensional Global Credit ETF during the 2nd quarter worth approximately $139,000.

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.