Dimensional Global Core Plus Fixed Income ETF (NASDAQ:DFGP) Sees Significant Increase in Short Interest

Dimensional Global Core Plus Fixed Income ETF (NASDAQ:DFGP) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 303,866 shares, an increase of 364.3% from the June 15th total of 65,453 shares. Based on an average trading volume of 255,838 shares, the short-interest ratio is currently 1.2 days. Approximately 0.6% of the company’s stock are sold short.

Dimensional Global Core Plus Fixed Income ETF Stock Down 0.5%

DFGP opened at $53.95 on Tuesday. The stock has a 50-day moving average price of $54.41 and a 200-day moving average price of $54.40. Dimensional Global Core Plus Fixed Income ETF has a 1 year low of $53.30 and a 1 year high of $56.17.

Dimensional Global Core Plus Fixed Income ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, June 25th. Shareholders of record on Tuesday, June 23rd were paid a dividend of $0.4145 per share. The ex-dividend date was Tuesday, June 23rd.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Sei Investments Co. purchased a new stake in shares of Dimensional Global Core Plus Fixed Income ETF during the second quarter valued at approximately $396,000. Bank of America Corp DE raised its holdings in Dimensional Global Core Plus Fixed Income ETF by 9.8% in the 2nd quarter. Bank of America Corp DE now owns 522,105 shares of the company’s stock worth $28,450,000 after acquiring an additional 46,728 shares during the last quarter. Great Valley Advisor Group Inc. lifted its position in Dimensional Global Core Plus Fixed Income ETF by 76.0% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 23,156 shares of the company’s stock valued at $1,262,000 after acquiring an additional 9,996 shares in the last quarter. MML Investors Services LLC bought a new position in Dimensional Global Core Plus Fixed Income ETF in the 2nd quarter valued at approximately $1,484,000. Finally, Orion Porfolio Solutions LLC boosted its stake in Dimensional Global Core Plus Fixed Income ETF by 17.0% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 5,920 shares of the company’s stock valued at $323,000 after purchasing an additional 861 shares during the last quarter.

About Dimensional Global Core Plus Fixed Income ETF

The Dimensional Global Core Plus Fixed Income ETF (DFGP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to maximize total returns through investments in the global fixed income space. Holdings include debt securities of any credit quality and maturity within 20 years. DFGP was launched on Nov 7, 2023 and is issued by Dimensional.