235,674 Shares in Dimensional Global Credit ETF $DGCB Bought by M Holdings Securities Inc.

M Holdings Securities Inc. acquired a new stake in Dimensional Global Credit ETF (NASDAQ:DGCB) in the 2nd quarter, Holdings Channel.com reports. The fund acquired 235,674 shares of the company’s stock, valued at approximately $12,884,000. Dimensional Global Credit ETF makes up 1.7% of M Holdings Securities Inc.’s portfolio, making the stock its 10th biggest position.

A number of other large investors have also added to or reduced their stakes in DGCB. CWM LLC increased its position in Dimensional Global Credit ETF by 27.5% in the 4th quarter. CWM LLC now owns 988 shares of the company’s stock valued at $54,000 after acquiring an additional 213 shares during the period. Topsail Wealth Management LLC acquired a new position in shares of Dimensional Global Credit ETF during the first quarter worth $55,000. Fifth Third Bancorp acquired a new position in shares of Dimensional Global Credit ETF during the first quarter worth $86,000. Raymond James Financial Inc. bought a new stake in shares of Dimensional Global Credit ETF in the second quarter worth $111,000. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in shares of Dimensional Global Credit ETF in the fourth quarter worth $132,000.

Dimensional Global Credit ETF Stock Performance

NASDAQ DGCB opened at $53.19 on Monday. Dimensional Global Credit ETF has a twelve month low of $52.98 and a twelve month high of $56.03. The stock has a fifty day simple moving average of $53.83 and a 200 day simple moving average of $54.32.

Dimensional Global Credit ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, August 20th. Investors of record on Tuesday, August 18th were paid a dividend of $0.1378 per share. The ex-dividend date of this dividend was Tuesday, August 18th. This represents a c) annualized dividend and a yield of 3.1%.

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.