AA Financial Advisors LLC Invests $17.12 Million in Dimensional Global Credit ETF $DGCB

AA Financial Advisors LLC purchased a new position in shares of Dimensional Global Credit ETF (NASDAQ:DGCB) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 316,348 shares of the company’s stock, valued at approximately $17,125,000. Dimensional Global Credit ETF accounts for 2.4% of AA Financial Advisors LLC’s holdings, making the stock its 11th largest position.

A number of other institutional investors have also modified their holdings of DGCB. CWM LLC raised its holdings in shares of Dimensional Global Credit ETF by 27.5% in the 4th quarter. CWM LLC now owns 988 shares of the company’s stock valued at $54,000 after buying an additional 213 shares during the period. Raymond James Financial Inc. acquired a new position in Dimensional Global Credit ETF during the 2nd quarter worth about $111,000. Northwestern Mutual Wealth Management Co. purchased a new position in Dimensional Global Credit ETF during the 4th quarter valued at about $132,000. Ashton Thomas Private Wealth LLC purchased a new position in Dimensional Global Credit ETF during the 1st quarter valued at about $201,000. Finally, Selective Wealth Management Inc. grew its position in Dimensional Global Credit ETF by 17.0% in the 4th quarter. Selective Wealth Management Inc. now owns 4,302 shares of the company’s stock valued at $235,000 after acquiring an additional 626 shares in the last quarter.

Dimensional Global Credit ETF Stock Up 0.0%

NASDAQ DGCB opened at $54.72 on Friday. The stock has a 50-day moving average of $54.63 and a two-hundred day moving average of $54.56. Dimensional Global Credit ETF has a 1-year low of $53.44 and a 1-year high of $56.03.

Dimensional Global Credit ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 25th. Stockholders of record on Tuesday, June 23rd were paid a $0.4092 dividend. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a c) annualized dividend and a dividend yield of 9.0%.

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.