Thrivent Financial for Lutherans Invests $2.85 Million in Dimensional Global Credit ETF $DGCB

Thrivent Financial for Lutherans purchased a new position in Dimensional Global Credit ETF (NASDAQ:DGCB) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 52,624 shares of the company’s stock, valued at approximately $2,854,000. Thrivent Financial for Lutherans owned about 0.34% of Dimensional Global Credit ETF at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. CWM LLC increased its holdings in Dimensional Global Credit ETF by 27.5% in the 4th quarter. CWM LLC now owns 988 shares of the company’s stock worth $54,000 after buying an additional 213 shares in the last quarter. Washington Trust Advisors Inc. bought a new stake in Dimensional Global Credit ETF in the 3rd quarter worth about $74,000. Raymond James Financial Inc. bought a new stake in Dimensional Global Credit ETF in the 2nd quarter worth about $111,000. Ashton Thomas Private Wealth LLC bought a new stake in Dimensional Global Credit ETF in the 1st quarter worth about $201,000. Finally, Selective Wealth Management Inc. increased its holdings 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 worth $235,000 after buying an additional 626 shares in the last quarter.

Dimensional Global Credit ETF Stock Performance

Dimensional Global Credit ETF stock opened at $54.39 on Monday. The business has a 50-day simple moving average of $54.36 and a two-hundred day simple moving average of $54.61. Dimensional Global Credit ETF has a 52-week low of $52.75 and a 52-week high of $56.03.

Dimensional Global Credit ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, May 21st. Shareholders of record on Tuesday, May 19th were paid a dividend of $0.2192 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date was Tuesday, May 19th.

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.