Diversify Wealth Management LLC Invests $849,000 in Dimensional Global Credit ETF $DGCB

Diversify Wealth Management LLC purchased a new stake in shares of Dimensional Global Credit ETF (NASDAQ:DGCB) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 15,636 shares of the company’s stock, valued at approximately $849,000. Diversify Wealth Management LLC owned 0.09% of Dimensional Global Credit ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Tencap Wealth Coaching LLC acquired a new stake in Dimensional Global Credit ETF in the fourth quarter worth about $23,464,000. AA Financial Advisors LLC acquired a new position in Dimensional Global Credit ETF during the 1st quarter valued at about $17,125,000. Integrity Alliance LLC. raised its position in shares of Dimensional Global Credit ETF by 34.6% during the 4th 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. Integrated Wealth Concepts LLC bought a new stake in shares of Dimensional Global Credit ETF during the 3rd quarter worth about $8,852,000. Finally, Integrity Advisory Solutions LLC lifted its stake in shares of Dimensional Global Credit ETF by 16.8% in the 4th quarter. Integrity Advisory Solutions LLC now owns 1,010,567 shares of the company’s stock worth $54,811,000 after acquiring an additional 145,062 shares during the period.

Dimensional Global Credit ETF Trading Down 0.1%

Dimensional Global Credit ETF stock opened at $54.25 on Friday. The firm has a 50 day simple moving average of $54.57 and a 200-day simple moving average of $54.56. Dimensional Global Credit ETF has a 12-month low of $53.44 and a 12-month high of $56.03.

Dimensional Global Credit ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 25th. Shareholders of record on Tuesday, June 23rd were issued 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 9.1%.

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.