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

Dimensional Global Credit ETF (NASDAQ:DGCB) was the recipient of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 69,635 shares, a drop of 58.2% from the May 14th total of 166,767 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 80,476 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Investors Weigh In On Dimensional Global Credit ETF

Several large investors have recently modified their holdings of the stock. CWM LLC grew its position in Dimensional Global Credit ETF by 27.5% in the fourth 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 bought a new position in Dimensional Global Credit ETF during the 1st quarter valued at about $55,000. Washington Trust Advisors Inc. bought a new position in Dimensional Global Credit ETF during the 3rd quarter valued at about $74,000. Fifth Third Bancorp acquired a new position in Dimensional Global Credit ETF in the first quarter valued at about $86,000. Finally, Raymond James Financial Inc. bought a new stake in Dimensional Global Credit ETF during the second quarter worth about $111,000.

Dimensional Global Credit ETF Trading Down 0.1%

Dimensional Global Credit ETF stock traded down $0.05 on Friday, hitting $54.86. The company’s stock had a trading volume of 45,243 shares, compared to its average volume of 81,774. Dimensional Global Credit ETF has a one year low of $53.44 and a one year high of $56.03. The company has a fifty day moving average price of $54.57 and a 200-day moving average price of $54.57.

Dimensional Global Credit ETF Dividend Announcement

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

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.