Cogent Private Wealth Inc. Makes New Investment in Dimensional Global Credit ETF $DGCB

Cogent Private Wealth Inc. acquired a new stake in shares of Dimensional Global Credit ETF (NASDAQ:DGCB) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 47,773 shares of the company’s stock, valued at approximately $2,591,000. Dimensional Global Credit ETF accounts for about 2.0% of Cogent Private Wealth Inc.’s holdings, making the stock its 15th biggest position. Cogent Private Wealth Inc. owned about 0.31% of Dimensional Global Credit ETF at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. bought a new position in shares of Dimensional Global Credit ETF in the 4th quarter worth about $132,000. Foundations Investment Advisors LLC increased its stake in shares of Dimensional Global Credit ETF by 58.0% during the fourth quarter. Foundations Investment Advisors LLC now owns 38,288 shares of the company’s stock valued at $2,077,000 after purchasing an additional 14,049 shares in the last quarter. Integrity Alliance LLC. increased its stake in shares of Dimensional Global Credit ETF by 34.6% during the fourth quarter. Integrity Alliance LLC. now owns 785,250 shares of the company’s stock valued at $42,590,000 after purchasing an additional 201,801 shares in the last quarter. Integrity Advisory Solutions LLC lifted its holdings in shares of Dimensional Global Credit ETF by 16.8% during the fourth quarter. Integrity Advisory Solutions LLC now owns 1,010,567 shares of the company’s stock valued at $54,811,000 after purchasing an additional 145,062 shares during the last quarter. Finally, Kestra Investment Management LLC boosted its position in shares of Dimensional Global Credit ETF by 37.1% in the 4th quarter. Kestra Investment Management LLC now owns 112,523 shares of the company’s stock worth $6,103,000 after purchasing an additional 30,447 shares in the last quarter.

Dimensional Global Credit ETF Stock Performance

Dimensional Global Credit ETF stock opened at $54.77 on Tuesday. The stock’s 50 day moving average is $54.42 and its 200 day moving average is $54.59. Dimensional Global Credit ETF has a twelve month low of $53.16 and a twelve month high of $56.03.

Dimensional Global Credit ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Thursday, May 21st. Stockholders of record on Tuesday, May 19th were paid a $0.2192 dividend. This represents a c) dividend on an annualized basis and a dividend 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.