Nalls Sherbakoff Group LLC Makes New Investment in Dimensional Global Credit ETF $DGCB

Nalls Sherbakoff Group LLC purchased a new stake in Dimensional Global Credit ETF (NASDAQ:DGCB) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 9,446 shares of the company’s stock, valued at approximately $512,000. Nalls Sherbakoff Group LLC owned about 0.06% of Dimensional Global Credit ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in DGCB. CWM LLC lifted its stake in shares of Dimensional Global Credit ETF by 27.5% in the fourth quarter. CWM LLC now owns 988 shares of the company’s stock worth $54,000 after acquiring an additional 213 shares during the period. Washington Trust Advisors Inc. acquired a new stake in Dimensional Global Credit ETF during the 3rd quarter valued at approximately $74,000. Raymond James Financial Inc. acquired a new stake in Dimensional Global Credit ETF during the 2nd quarter valued at approximately $111,000. Northwestern Mutual Wealth Management Co. acquired a new stake in Dimensional Global Credit ETF during the 4th quarter valued at approximately $132,000. Finally, Ashton Thomas Private Wealth LLC bought a new position in Dimensional Global Credit ETF during the 1st quarter worth approximately $201,000.

Dimensional Global Credit ETF Stock Performance

Shares of NASDAQ DGCB opened at $54.92 on Friday. Dimensional Global Credit ETF has a 52-week low of $53.44 and a 52-week high of $56.03. The company’s 50 day moving average price is $54.63 and its 200-day moving average price is $54.57.

Dimensional Global Credit ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, May 21st. Investors of record on Tuesday, May 19th were paid a dividend of $0.2192 per share. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Tuesday, May 19th.

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.