Dimensional Global Credit ETF (NASDAQ:DGCB – Get Free Report) saw unusually-high trading volume on Friday. Approximately 126,334 shares traded hands during trading, an increase of 24% from the previous session’s volume of 101,944 shares. The stock last traded at $52.6010 and had previously closed at $52.55.
Dimensional Global Credit ETF Trading Down 0.1%
The stock has a 50-day simple moving average of $52.74 and a two-hundred day simple moving average of $53.80.
Hedge Funds Weigh In On Dimensional Global Credit ETF
A number of large investors have recently added to or reduced their stakes in DGCB. Envestnet Portfolio Solutions Inc. bought a new position in shares of Dimensional Global Credit ETF during the 2nd quarter worth approximately $489,853,000. Envestnet Asset Management Inc. grew its position in Dimensional Global Credit ETF by 24.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 819,826 shares of the company’s stock worth $44,820,000 after purchasing an additional 162,981 shares during the last quarter. Allworth Financial LP increased its stake in Dimensional Global Credit ETF by 40.4% during the 2nd quarter. Allworth Financial LP now owns 386,625 shares of the company’s stock valued at $21,137,000 after purchasing an additional 111,202 shares in the last quarter. AA Financial Advisors LLC acquired a new position in shares of Dimensional Global Credit ETF in the 1st quarter valued at $17,125,000. Finally, RFG Advisory LLC lifted its position in Dimensional Global Credit ETF by 4.9% during the 2nd quarter. RFG Advisory LLC now owns 285,441 shares of the company’s stock worth $15,605,000 after acquiring an additional 13,448 shares during the period.
Dimensional Global Credit ETF Company 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.
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