Simplicity Wealth LLC Purchases New Stake in Dimensional Global Credit ETF $DGCB

Simplicity Wealth LLC bought a new position in Dimensional Global Credit ETF (NASDAQ:DGCB) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 52,603 shares of the company’s stock, valued at approximately $2,917,000. Simplicity Wealth LLC owned about 0.39% of Dimensional Global Credit ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. City State Bank bought a new stake in shares of Dimensional Global Credit ETF during the third quarter valued at about $55,000. Raymond James Financial Inc. purchased a new stake in shares of Dimensional Global Credit ETF in the second quarter worth approximately $111,000. AE Wealth Management LLC acquired a new stake in shares of Dimensional Global Credit ETF during the 2nd quarter valued at about $129,000. Concord Wealth Partners increased its position in Dimensional Global Credit ETF by 142.1% during the second quarter. Concord Wealth Partners now owns 3,198 shares of the company’s stock worth $173,000 after buying an additional 1,877 shares during the last quarter. Finally, Selective Wealth Management Inc. acquired a new position in shares of Dimensional Global Credit ETF during the 3rd quarter valued at about $204,000.

Dimensional Global Credit ETF Stock Up 0.3%

DGCB opened at $54.46 on Thursday. The stock’s 50 day moving average price is $54.61 and its two-hundred day moving average price is $54.85. Dimensional Global Credit ETF has a 12-month low of $51.29 and a 12-month high of $56.03.

Dimensional Global Credit ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, December 18th. Stockholders of record on Tuesday, December 16th were paid a dividend of $0.7043 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a c) annualized dividend and a dividend yield of 15.5%. This is an increase from Dimensional Global Credit ETF’s previous monthly dividend of $0.32.

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.