Short Interest in Dimensional Global Core Plus Fixed Income ETF (NASDAQ:DFGP) Expands By 1,154.0%

Dimensional Global Core Plus Fixed Income ETF (NASDAQ:DFGP) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 1,047,449 shares, an increase of 1,154.0% from the July 15th total of 83,529 shares. Based on an average daily volume of 352,761 shares, the short-interest ratio is presently 3.0 days. Approximately 1.7% of the company’s shares are sold short.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. DiNuzzo Private Wealth Inc. raised its holdings in Dimensional Global Core Plus Fixed Income ETF by 9.2% in the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 502,670 shares of the company’s stock worth $27,375,000 after acquiring an additional 42,368 shares during the period. Spinnaker Investment Group LLC bought a new stake in Dimensional Global Core Plus Fixed Income ETF during the second quarter valued at about $370,000. Wealthcare Advisory Partners LLC boosted its holdings in Dimensional Global Core Plus Fixed Income ETF by 5.2% during the second quarter. Wealthcare Advisory Partners LLC now owns 70,898 shares of the company’s stock valued at $3,861,000 after acquiring an additional 3,511 shares during the period. Professional Financial Advisors LLC grew its position in shares of Dimensional Global Core Plus Fixed Income ETF by 14.5% in the second quarter. Professional Financial Advisors LLC now owns 75,128 shares of the company’s stock valued at $4,091,000 after purchasing an additional 9,511 shares during the last quarter. Finally, Sax Wealth Advisors LLC grew its position in shares of Dimensional Global Core Plus Fixed Income ETF by 28.2% in the second quarter. Sax Wealth Advisors LLC now owns 70,505 shares of the company’s stock valued at $3,807,000 after purchasing an additional 15,497 shares during the last quarter.

Dimensional Global Core Plus Fixed Income ETF Stock Up 0.0%

NASDAQ:DFGP traded up $0.02 during trading hours on Tuesday, hitting $53.40. 238,021 shares of the company’s stock traded hands, compared to its average volume of 280,219. Dimensional Global Core Plus Fixed Income ETF has a twelve month low of $53.13 and a twelve month high of $56.17. The stock’s fifty day moving average price is $54.11 and its two-hundred day moving average price is $54.30.

Dimensional Global Core Plus Fixed Income ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, July 23rd. Investors of record on Tuesday, July 21st were paid a $0.516 dividend. The ex-dividend date of this dividend was Tuesday, July 21st. This represents a c) annualized dividend and a dividend yield of 11.6%.

Dimensional Global Core Plus Fixed Income ETF Company Profile

The Dimensional Global Core Plus Fixed Income ETF (DFGP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to maximize total returns through investments in the global fixed income space. Holdings include debt securities of any credit quality and maturity within 20 years. DFGP was launched on Nov 7, 2023 and is issued by Dimensional.