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

Dimensional Global Credit ETF (NASDAQ:DGCB) saw a significant decline in short interest in February. As of February 27th, there was short interest totaling 21,205 shares, a decline of 68.0% from the February 12th total of 66,352 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 59,129 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 59,129 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On Dimensional Global Credit ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Integrity Advisory Solutions LLC bought a new stake in shares of Dimensional Global Credit ETF in the 3rd quarter worth about $47,992,000. Tencap Wealth Coaching LLC acquired a new position in Dimensional Global Credit ETF in the fourth quarter valued at about $23,464,000. Integrity Alliance LLC. boosted its position in Dimensional Global Credit ETF by 34.6% in the fourth quarter. Integrity Alliance LLC. now owns 785,250 shares of the company’s stock valued at $42,590,000 after buying an additional 201,801 shares in the last quarter. Integrated Wealth Concepts LLC bought a new stake in Dimensional Global Credit ETF during the third quarter worth about $8,852,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in Dimensional Global Credit ETF during the third quarter worth about $8,214,000.

Dimensional Global Credit ETF Trading Down 0.3%

Shares of DGCB traded down $0.14 during mid-day trading on Friday, reaching $53.90. The company had a trading volume of 63,490 shares, compared to its average volume of 73,630. Dimensional Global Credit ETF has a twelve month low of $51.29 and a twelve month high of $56.03. The company’s 50-day moving average is $54.72 and its 200-day moving average is $54.96.

Dimensional Global Credit ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, December 18th. Shareholders of record on Tuesday, December 16th were paid a dividend of $0.7043 per share. This is an increase from Dimensional Global Credit ETF’s previous monthly dividend of $0.32. This represents a c) annualized dividend and a yield of 15.7%. The ex-dividend date was Tuesday, December 16th.

About Dimensional Global Credit ETF

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.