Dimensional Global Credit ETF (NASDAQ:DGCB) Short Interest Update

Dimensional Global Credit ETF (NASDAQ:DGCB) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 139,919 shares, a growth of 269.7% from the June 15th total of 37,848 shares. Currently, 0.7% of the company’s shares are short sold. Based on an average daily volume of 213,860 shares, the short-interest ratio is presently 0.7 days.

Institutional Trading of Dimensional Global Credit ETF

A number of hedge funds have recently modified their holdings of DGCB. CWM LLC grew its holdings in shares of Dimensional Global Credit ETF by 27.5% during the fourth quarter. CWM LLC now owns 988 shares of the company’s stock valued at $54,000 after buying an additional 213 shares in the last quarter. Topsail Wealth Management LLC purchased a new position in Dimensional Global Credit ETF during the 1st quarter valued at about $55,000. Fifth Third Bancorp purchased a new stake in shares of Dimensional Global Credit ETF in the first quarter worth approximately $86,000. Raymond James Financial Inc. acquired a new stake in shares of Dimensional Global Credit ETF during the second quarter worth approximately $111,000. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in Dimensional Global Credit ETF during the fourth quarter valued at approximately $132,000.

Dimensional Global Credit ETF Stock Performance

NASDAQ DGCB remained flat at $54.31 on Friday. The company’s stock had a trading volume of 83,783 shares, compared to its average volume of 95,818. The company’s fifty day moving average price is $54.61 and its 200 day moving average price is $54.56. Dimensional Global Credit ETF has a 12-month low of $53.44 and a 12-month high of $56.03.

Dimensional Global Credit ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 25th. Investors of record on Tuesday, June 23rd were given a $0.4092 dividend. This represents a c) annualized dividend and a dividend yield of 9.0%. The ex-dividend date was Tuesday, June 23rd.

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.