Truist Financial Corp Takes $3.23 Million Position in Dimensional Global Credit ETF (NASDAQ:DGCB)

Truist Financial Corp acquired a new position in shares of Dimensional Global Credit ETF (NASDAQ:DGCB) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 62,700 shares of the company’s stock, valued at approximately $3,232,000. Truist Financial Corp owned approximately 2.85% of Dimensional Global Credit ETF as of its most recent SEC filing.

Separately, Aspire Private Capital LLC acquired a new position in shares of Dimensional Global Credit ETF during the fourth quarter valued at about $457,000.

Dimensional Global Credit ETF Stock Up 0.2 %

Shares of Dimensional Global Credit ETF stock opened at $52.60 on Wednesday. Dimensional Global Credit ETF has a 52 week low of $50.06 and a 52 week high of $53.46. The firm has a 50 day moving average of $52.49.

Dimensional Global Credit ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, April 19th. Shareholders of record on Wednesday, April 17th were issued a $0.161 dividend. The ex-dividend date of this dividend was Tuesday, April 16th. This represents a $1.93 dividend on an annualized basis and a dividend yield of 3.67%.

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.