Kestra Investment Management LLC Has $6.10 Million Stock Holdings in Dimensional Global Credit ETF $DGCB

Kestra Investment Management LLC lifted its stake in Dimensional Global Credit ETF (NASDAQ:DGCB) by 37.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 112,523 shares of the company’s stock after acquiring an additional 30,447 shares during the quarter. Kestra Investment Management LLC owned approximately 0.73% of Dimensional Global Credit ETF worth $6,103,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of DGCB. CWM LLC increased its position in Dimensional Global Credit ETF by 27.5% during the fourth quarter. CWM LLC now owns 988 shares of the company’s stock worth $54,000 after buying an additional 213 shares during the last quarter. Washington Trust Advisors Inc. acquired a new position in Dimensional Global Credit ETF during the third quarter worth $74,000. Raymond James Financial Inc. acquired a new position in Dimensional Global Credit ETF during the second quarter worth $111,000. Ashton Thomas Private Wealth LLC acquired a new position in Dimensional Global Credit ETF during the first quarter worth $201,000. Finally, Selective Wealth Management Inc. increased its position in Dimensional Global Credit ETF by 17.0% during the fourth quarter. Selective Wealth Management Inc. now owns 4,302 shares of the company’s stock worth $235,000 after buying an additional 626 shares during the last quarter.

Dimensional Global Credit ETF Price Performance

Dimensional Global Credit ETF stock opened at $54.39 on Tuesday. Dimensional Global Credit ETF has a one year low of $52.75 and a one year high of $56.03. The company’s fifty day moving average price is $54.37 and its two-hundred day moving average price is $54.60.

Dimensional Global Credit ETF Announces Dividend

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