Bank of America Corp DE Purchases 93,150 Shares of Dimensional Global Credit ETF (NASDAQ:DGCB)

Bank of America Corp DE raised its holdings in shares of Dimensional Global Credit ETF (NASDAQ:DGCB) by 12.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 814,088 shares of the company’s stock after purchasing an additional 93,150 shares during the quarter. Bank of America Corp DE owned approximately 0.08% of Dimensional Global Credit ETF worth $42,821,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in DGCB. Geneos Wealth Management Inc. acquired a new stake in Dimensional Global Credit ETF during the 4th quarter valued at $242,000. Symmetry Partners LLC acquired a new stake in Dimensional Global Credit ETF during the 4th quarter valued at $283,000. IFP Advisors Inc lifted its holdings in Dimensional Global Credit ETF by 16.5% during the 4th quarter. IFP Advisors Inc now owns 5,838 shares of the company’s stock valued at $307,000 after purchasing an additional 827 shares during the last quarter. Savvy Advisors Inc. lifted its holdings in Dimensional Global Credit ETF by 4.3% during the 4th quarter. Savvy Advisors Inc. now owns 6,671 shares of the company’s stock valued at $351,000 after purchasing an additional 274 shares during the last quarter. Finally, Kestra Investment Management LLC acquired a new stake in Dimensional Global Credit ETF during the 4th quarter valued at $361,000.

Dimensional Global Credit ETF Stock Down 0.2%

Shares of Dimensional Global Credit ETF stock opened at $52.65 on Thursday. The business has a fifty day simple moving average of $52.82 and a two-hundred day simple moving average of $53.02. Dimensional Global Credit ETF has a 1 year low of $51.29 and a 1 year high of $55.16.

Dimensional Global Credit ETF Cuts Dividend

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

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.