Dravo Bay LLC Boosts Position in Dimensional Global Credit ETF $DGCB

Dravo Bay LLC raised its stake in Dimensional Global Credit ETF (NASDAQ:DGCB) by 11.1% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 241,207 shares of the company’s stock after buying an additional 24,009 shares during the quarter. Dimensional Global Credit ETF makes up about 5.4% of Dravo Bay LLC’s investment portfolio, making the stock its 6th largest holding. Dravo Bay LLC’s holdings in Dimensional Global Credit ETF were worth $13,083,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in DGCB. Integrity Advisory Solutions LLC bought a new stake in Dimensional Global Credit ETF in the third quarter valued at $47,992,000. Integrated Wealth Concepts LLC bought a new stake in shares of Dimensional Global Credit ETF during the third quarter valued at about $8,852,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in shares of Dimensional Global Credit ETF during the third quarter valued at about $8,214,000. Dynamic Advisor Solutions LLC bought a new stake in shares of Dimensional Global Credit ETF during the fourth quarter valued at about $6,882,000. Finally, APS Management Group Inc. acquired a new stake in Dimensional Global Credit ETF in the third quarter worth about $6,699,000.

Dimensional Global Credit ETF Trading Up 0.0%

Shares of DGCB opened at $54.93 on Tuesday. The firm has a 50-day moving average price of $54.57 and a 200 day moving average price of $54.77. Dimensional Global Credit ETF has a 52-week low of $52.27 and a 52-week high of $56.03.

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.