9,306 Shares in Dimensional Global Credit ETF (NASDAQ:DGCB) Bought by Park Avenue Securities LLC

Park Avenue Securities LLC purchased a new stake in Dimensional Global Credit ETF (NASDAQ:DGCB) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,306 shares of the company’s stock, valued at approximately $510,000. Park Avenue Securities LLC owned approximately 0.12% of Dimensional Global Credit ETF at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Dimensional Global Credit ETF in the 2nd quarter valued at about $1,548,000. Truist Financial Corp increased its holdings in Dimensional Global Credit ETF by 16.5% in the second 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 raised its stake in Dimensional Global Credit ETF by 177.2% during the second quarter. NewEdge Advisors LLC now owns 57,017 shares of the company’s stock valued at $3,003,000 after buying an additional 36,446 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings 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 buying an additional 3,127 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC acquired a new position in shares of Dimensional Global Credit ETF in the 2nd quarter worth approximately $139,000.

Dimensional Global Credit ETF Price Performance

DGCB stock opened at $54.35 on Friday. The stock’s 50 day simple moving average is $54.37 and its 200 day simple moving average is $53.26. Dimensional Global Credit ETF has a 12-month low of $50.06 and a 12-month high of $55.16.

Dimensional Global Credit ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, August 22nd. Shareholders of record on Tuesday, August 20th were issued a dividend of $0.122 per share. The ex-dividend date was Tuesday, August 20th. This represents a $1.46 dividend on an annualized basis and a dividend yield of 2.69%.

Dimensional Global Credit ETF 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.