Dimensional Global ex US Core Fixed Income ETF (NASDAQ:DFGX) Reaches New 1-Year Low – Here’s Why

Dimensional Global ex US Core Fixed Income ETF (NASDAQ:DFGX) hit a new 52-week low during trading on Tuesday . The stock traded as low as $51.88 and last traded at $51.92, with a volume of 10023 shares traded. The stock had previously closed at $52.19.

Dimensional Global ex US Core Fixed Income ETF Stock Performance

The business’s 50 day moving average price is $52.92 and its two-hundred day moving average price is $52.90.

Dimensional Global ex US Core Fixed Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, August 20th. Shareholders of record on Tuesday, August 18th will be given a dividend of $0.1905 per share. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Tuesday, August 18th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Verisail Partners LLC raised its holdings in Dimensional Global ex US Core Fixed Income ETF by 7.0% in the fourth quarter. Verisail Partners LLC now owns 416,981 shares of the company’s stock worth $21,948,000 after purchasing an additional 27,300 shares in the last quarter. Bridge Generations Wealth Management LLC grew its holdings in shares of Dimensional Global ex US Core Fixed Income ETF by 78.5% during the fourth quarter. Bridge Generations Wealth Management LLC now owns 60,342 shares of the company’s stock valued at $3,176,000 after buying an additional 26,530 shares during the last quarter. Integrity Advisory Solutions LLC boosted its position in shares of Dimensional Global ex US Core Fixed Income ETF by 11.6% during the fourth quarter. Integrity Advisory Solutions LLC now owns 156,329 shares of the company’s stock valued at $8,228,000 after buying an additional 16,265 shares during the last quarter. Yardley Wealth Management LLC boosted its holdings in shares of Dimensional Global ex US Core Fixed Income ETF by 11.5% during the 4th quarter. Yardley Wealth Management LLC now owns 209,687 shares of the company’s stock valued at $11,037,000 after acquiring an additional 21,655 shares during the last quarter. Finally, Torren Management LLC bought a new stake in Dimensional Global ex US Core Fixed Income ETF in the 4th quarter worth approximately $5,845,000.

About Dimensional Global ex US Core Fixed Income ETF

The Dimensional Global ex US Core Fixed Income ETF (DFGX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund provides an actively managed exposure to the broad fixed income space outside the US. It holds foreign debt securities, of any credit quality and maturity within 20 years, with the objective of maximizing total returns. DFGX was launched on Nov 7, 2023 and is issued by Dimensional.