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

Dimensional Global Credit ETF (NASDAQ:DGCB) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 40,300 shares, a growth of 55.0% from the September 30th total of 26,000 shares. Based on an average daily volume of 50,300 shares, the short-interest ratio is currently 0.8 days.

Institutional Investors Weigh In On Dimensional Global Credit ETF

Several hedge funds have recently added to or reduced their stakes in the business. Mattern Wealth Management LLC lifted its stake in shares of Dimensional Global Credit ETF by 135.9% in the 3rd quarter. Mattern Wealth Management LLC now owns 180,784 shares of the company’s stock valued at $9,914,000 after purchasing an additional 104,158 shares during the period. DiNuzzo Private Wealth Inc. lifted its stake in Dimensional Global Credit ETF by 0.5% in the third quarter. DiNuzzo Private Wealth Inc. now owns 319,828 shares of the company’s stock valued at $17,539,000 after buying an additional 1,690 shares during the period. LifePro Asset Management boosted its holdings in shares of Dimensional Global Credit ETF by 12.0% during the 3rd quarter. LifePro Asset Management now owns 40,611 shares of the company’s stock worth $2,227,000 after buying an additional 4,340 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of Dimensional Global Credit ETF during the 3rd quarter worth approximately $4,735,000. Finally, Park Avenue Securities LLC acquired a new stake in shares of Dimensional Global Credit ETF during the 3rd quarter worth approximately $510,000.

Dimensional Global Credit ETF Price Performance

Dimensional Global Credit ETF stock opened at $53.71 on Tuesday. Dimensional Global Credit ETF has a 52 week low of $50.06 and a 52 week high of $55.16. The stock has a fifty day moving average of $54.45 and a 200-day moving average of $53.39.

Dimensional Global Credit ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, October 24th. Stockholders of record on Tuesday, October 22nd were paid a dividend of $0.2469 per share. This represents a $2.96 dividend on an annualized basis and a dividend yield of 5.52%. This is a positive change from Dimensional Global Credit ETF’s previous monthly dividend of $0.12. The ex-dividend date of this dividend was Tuesday, October 22nd.

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.