Dimensional Global Credit ETF (NASDAQ:DGCB) Short Interest Down 19.8% in February

Dimensional Global Credit ETF (NASDAQ:DGCB) saw a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 7,700 shares, a decline of 19.8% from the February 13th total of 9,600 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 70,400 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Dimensional Global Credit ETF

A number of institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE increased its position in Dimensional Global Credit ETF by 12.9% during the 4th quarter. Bank of America Corp DE now owns 814,088 shares of the company’s stock worth $42,821,000 after purchasing an additional 93,150 shares in the last quarter. Betterment LLC boosted its stake in shares of Dimensional Global Credit ETF by 51.9% during the 4th quarter. Betterment LLC now owns 92,808 shares of the company’s stock worth $4,882,000 after purchasing an additional 31,701 shares during the last quarter. OneDigital Investment Advisors LLC grew its holdings in shares of Dimensional Global Credit ETF by 35.3% during the fourth quarter. OneDigital Investment Advisors LLC now owns 145,715 shares of the company’s stock worth $7,665,000 after buying an additional 38,023 shares in the last quarter. GeoWealth Management LLC raised its position in shares of Dimensional Global Credit ETF by 20.0% in the fourth quarter. GeoWealth Management LLC now owns 11,603 shares of the company’s stock valued at $610,000 after buying an additional 1,933 shares during the last quarter. Finally, Strategic Investment Solutions Inc. IL lifted its stake in shares of Dimensional Global Credit ETF by 22.7% during the fourth quarter. Strategic Investment Solutions Inc. IL now owns 32,540 shares of the company’s stock valued at $1,780,000 after buying an additional 6,027 shares during the period.

Dimensional Global Credit ETF Stock Up 0.1 %

Shares of NASDAQ DGCB traded up $0.05 on Tuesday, hitting $53.13. The company’s stock had a trading volume of 34,956 shares, compared to its average volume of 54,973. The stock has a 50 day moving average of $52.88 and a 200-day moving average of $53.52. Dimensional Global Credit ETF has a 12-month low of $51.57 and a 12-month high of $55.16.

Dimensional Global Credit ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, February 21st. Shareholders of record on Wednesday, February 19th were issued a dividend of $0.1859 per share. The ex-dividend date of this dividend was Wednesday, February 19th. This is a boost from Dimensional Global Credit ETF’s previous dividend of $0.01.

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.