Nwam LLC Acquires Shares of 66,510 Dimensional Global Credit ETF $DGCB

Nwam LLC bought a new stake in shares of Dimensional Global Credit ETF (NASDAQ:DGCB) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 66,510 shares of the company’s stock, valued at approximately $3,844,000. Nwam LLC owned 0.33% of Dimensional Global Credit ETF as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. RFG Advisory LLC raised its stake in Dimensional Global Credit ETF by 5.0% in the fourth quarter. RFG Advisory LLC now owns 260,250 shares of the company’s stock valued at $14,115,000 after purchasing an additional 12,348 shares in the last quarter. Vestmark Advisory Solutions Inc. grew its stake in Dimensional Global Credit ETF by 6.4% during the fourth quarter. Vestmark Advisory Solutions Inc. now owns 1,538,407 shares of the company’s stock worth $83,440,000 after buying an additional 92,337 shares in the last quarter. Integrity Alliance LLC. grew its stake in Dimensional Global Credit ETF by 34.6% during the fourth quarter. Integrity Alliance LLC. now owns 785,250 shares of the company’s stock worth $42,590,000 after buying an additional 201,801 shares in the last quarter. Thrivent Financial for Lutherans bought a new position in Dimensional Global Credit ETF in the 4th quarter valued at about $2,854,000. Finally, Heffernan Advisory Inc. bought a new position in Dimensional Global Credit ETF in the 4th quarter valued at about $2,282,000.

Dimensional Global Credit ETF Stock Performance

Shares of NASDAQ:DGCB opened at $53.16 on Tuesday. The firm has a 50 day moving average of $53.79 and a 200-day moving average of $54.31. Dimensional Global Credit ETF has a 12 month low of $52.98 and a 12 month high of $56.03.

Dimensional Global Credit ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, August 20th. Investors of record on Tuesday, August 18th were paid a $0.1378 dividend. This represents a c) dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend was Tuesday, August 18th.

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.