Dimensional Global Credit ETF (NASDAQ:DGCB) Sees Large Volume Increase – Should You Buy?

Dimensional Global Credit ETF (NASDAQ:DGCB) shares saw unusually-high trading volume on Thursday . Approximately 109,100 shares changed hands during mid-day trading, an increase of 16% from the previous session’s volume of 94,426 shares.The stock last traded at $53.22 and had previously closed at $53.08.

Dimensional Global Credit ETF Trading Down 0.1 %

The company’s fifty day moving average is $52.92 and its two-hundred day moving average is $53.64.

Dimensional Global Credit ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, January 24th. Investors of record on Wednesday, January 22nd were issued a dividend of $0.0078 per share. The ex-dividend date was Wednesday, January 22nd.

Hedge Funds Weigh In On Dimensional Global Credit ETF

Hedge funds have recently bought and sold shares of the company. DiNuzzo Private Wealth Inc. lifted its holdings in Dimensional Global Credit ETF by 2.9% during the 4th quarter. DiNuzzo Private Wealth Inc. now owns 329,055 shares of the company’s stock worth $17,308,000 after buying an additional 9,227 shares during the last quarter. Mattern Wealth Management LLC increased its stake in Dimensional Global Credit ETF by 135.9% during the third quarter. Mattern Wealth Management LLC now owns 180,784 shares of the company’s stock valued at $9,914,000 after purchasing an additional 104,158 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its position in shares of Dimensional Global Credit ETF by 53.8% in the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 132,836 shares of the company’s stock worth $6,987,000 after buying an additional 46,494 shares during the last quarter. OneDigital Investment Advisors LLC boosted its holdings in shares of Dimensional Global Credit ETF by 33.2% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 107,692 shares of the company’s stock valued at $5,906,000 after buying an additional 26,816 shares during the period. Finally, TRU Independence Asset Management 2 LLC grew its position in shares of Dimensional Global Credit ETF by 253.9% during the 4th quarter. TRU Independence Asset Management 2 LLC now owns 94,481 shares of the company’s stock valued at $4,970,000 after buying an additional 67,783 shares during the last quarter.

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.