SageOak Financial LLC Purchases New Position in Dimensional Global Credit ETF (NASDAQ:DGCB)

SageOak Financial LLC purchased a new stake in shares of Dimensional Global Credit ETF (NASDAQ:DGCB) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 60,199 shares of the company’s stock, valued at approximately $3,166,000. Dimensional Global Credit ETF accounts for approximately 2.9% of SageOak Financial LLC’s holdings, making the stock its 8th biggest position.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Park Avenue Securities LLC increased its position in shares of Dimensional Global Credit ETF by 95.0% during the fourth quarter. Park Avenue Securities LLC now owns 18,144 shares of the company’s stock valued at $954,000 after buying an additional 8,838 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its position in shares of Dimensional Global Credit ETF by 53.8% during the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 132,836 shares of the company’s stock valued at $6,987,000 after buying an additional 46,494 shares during the period. Aspire Private Capital LLC increased its position in shares of Dimensional Global Credit ETF by 1.8% during the fourth quarter. Aspire Private Capital LLC now owns 12,775 shares of the company’s stock valued at $672,000 after buying an additional 232 shares during the period. CreativeOne Wealth LLC increased its position in shares of Dimensional Global Credit ETF by 68.5% during the third quarter. CreativeOne Wealth LLC now owns 11,908 shares of the company’s stock valued at $653,000 after buying an additional 4,841 shares during the period. Finally, Kestra Investment Management LLC purchased a new position in shares of Dimensional Global Credit ETF during the fourth quarter valued at about $361,000.

Dimensional Global Credit ETF Trading Up 0.1 %

Shares of NASDAQ DGCB opened at $53.13 on Wednesday. Dimensional Global Credit ETF has a 1 year low of $51.57 and a 1 year high of $55.16. The company’s 50-day moving average is $52.90 and its 200 day moving average is $53.52.

Dimensional Global Credit ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 21st. Investors of record on Wednesday, February 19th were paid a dividend of $0.1859 per share. The ex-dividend date of this dividend was Wednesday, February 19th. This is a positive change from Dimensional Global Credit ETF’s previous dividend of $0.01.

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.