Apella Capital LLC Takes Position in Dimensional Global Credit ETF $DGCB

Apella Capital LLC purchased a new stake in Dimensional Global Credit ETF (NASDAQ:DGCB) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 9,819 shares of the company’s stock, valued at approximately $539,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DGCB. CWM LLC raised its position in Dimensional Global Credit ETF by 27.5% during 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. Raymond James Financial Inc. acquired a new stake in shares of Dimensional Global Credit ETF in the second quarter valued at about $111,000. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Dimensional Global Credit ETF during the fourth quarter worth about $132,000. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Dimensional Global Credit ETF during the first quarter worth about $201,000. Finally, Selective Wealth Management Inc. raised its position in shares of Dimensional Global Credit ETF by 17.0% during the 4th quarter. Selective Wealth Management Inc. now owns 4,302 shares of the company’s stock worth $235,000 after purchasing an additional 626 shares during the last quarter.

Dimensional Global Credit ETF Stock Up 0.1%

Shares of Dimensional Global Credit ETF stock opened at $54.78 on Friday. Dimensional Global Credit ETF has a twelve month low of $53.44 and a twelve month high of $56.03. The firm’s 50-day moving average price is $54.63 and its 200 day moving average price is $54.56.

Dimensional Global Credit ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, June 25th. Shareholders of record on Tuesday, June 23rd were issued a dividend of $0.4092 per share. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 9.0%.

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.