Strategic Investment Solutions Inc. IL Grows Stock Position in Dimensional Global Credit ETF (NASDAQ:DGCB)

Strategic Investment Solutions Inc. IL raised its holdings in shares of Dimensional Global Credit ETF (NASDAQ:DGCB) by 22.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,540 shares of the company’s stock after acquiring an additional 6,027 shares during the quarter. Strategic Investment Solutions Inc. IL owned approximately 0.34% of Dimensional Global Credit ETF worth $1,780,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DGCB. Vestmark Advisory Solutions Inc. grew its position in shares of Dimensional Global Credit ETF by 5.9% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 1,232,828 shares of the company’s stock valued at $64,847,000 after purchasing an additional 68,659 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Dimensional Global Credit ETF by 3.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 411,531 shares of the company’s stock valued at $21,647,000 after buying an additional 14,225 shares in the last quarter. DiNuzzo Private Wealth Inc. grew its holdings in Dimensional Global Credit ETF by 2.9% during the 4th quarter. DiNuzzo Private Wealth Inc. now owns 329,055 shares of the company’s stock valued at $17,308,000 after buying an additional 9,227 shares during the last quarter. Commonwealth Equity Services LLC increased its position in Dimensional Global Credit ETF by 7.4% during the fourth quarter. Commonwealth Equity Services LLC now owns 287,292 shares of the company’s stock worth $15,112,000 after buying an additional 19,742 shares in the last quarter. Finally, Dravo Bay LLC raised its holdings in shares of Dimensional Global Credit ETF by 5.3% in the fourth quarter. Dravo Bay LLC now owns 200,106 shares of the company’s stock worth $10,526,000 after acquiring an additional 9,985 shares during the last quarter.

Dimensional Global Credit ETF Stock Performance

Shares of NASDAQ:DGCB opened at $52.71 on Thursday. Dimensional Global Credit ETF has a 52-week low of $51.29 and a 52-week high of $55.16. The stock’s fifty day simple moving average is $52.96 and its 200-day simple moving average is $53.24.

Dimensional Global Credit ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a $0.122 dividend. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $1.46 dividend on an annualized basis and a yield of 2.78%.

Dimensional Global Credit ETF Company 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.