Dimensional Global Credit ETF (NASDAQ:DGCB) is Wealth Advisors Northwest LLC’s 8th Largest Position

Wealth Advisors Northwest LLC grew its holdings in shares of Dimensional Global Credit ETF (NASDAQ:DGCB) by 96.8% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 110,775 shares of the company’s stock after acquiring an additional 54,495 shares during the quarter. Dimensional Global Credit ETF comprises 3.7% of Wealth Advisors Northwest LLC’s portfolio, making the stock its 8th largest holding. Wealth Advisors Northwest LLC’s holdings in Dimensional Global Credit ETF were worth $5,890,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Tcfg Wealth Management LLC lifted its stake in Dimensional Global Credit ETF by 7.5% in the fourth quarter. Tcfg Wealth Management LLC now owns 52,515 shares of the company’s stock worth $2,762,000 after acquiring an additional 3,680 shares during the period. Copperleaf Capital LLC increased its position in Dimensional Global Credit ETF by 3.6% during the 4th quarter. Copperleaf Capital LLC now owns 17,882 shares of the company’s stock valued at $941,000 after purchasing an additional 619 shares during the period. Meredith Wealth Planning raised its holdings in Dimensional Global Credit ETF by 181.6% in the 4th quarter. Meredith Wealth Planning now owns 32,614 shares of the company’s stock worth $1,715,000 after purchasing an additional 21,031 shares in the last quarter. Truist Financial Corp boosted its stake in shares of Dimensional Global Credit ETF by 20.0% during the 4th quarter. Truist Financial Corp now owns 50,418 shares of the company’s stock valued at $2,652,000 after purchasing an additional 8,418 shares in the last quarter. Finally, Kestra Investment Management LLC bought a new stake in shares of Dimensional Global Credit ETF during the 4th quarter valued at about $361,000.

Dimensional Global Credit ETF Stock Performance

Shares of DGCB opened at $53.83 on Friday. The company has a 50-day simple moving average of $52.87 and a two-hundred day simple moving average of $52.97. Dimensional Global Credit ETF has a one year low of $51.29 and a one year high of $55.16.

Dimensional Global Credit ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid a $0.122 dividend. This represents a $1.46 dividend on an annualized basis and a dividend yield of 2.72%. The ex-dividend date was Tuesday, March 25th.

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.