Foundations Investment Advisors LLC Purchases New Position in Dimensional Global Credit ETF $DGCB

Foundations Investment Advisors LLC purchased a new stake in Dimensional Global Credit ETF (NASDAQ:DGCB) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 24,239 shares of the company’s stock, valued at approximately $1,344,000. Foundations Investment Advisors LLC owned 0.18% of Dimensional Global Credit ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in DGCB. Silver Oak Securities Incorporated increased its holdings in shares of Dimensional Global Credit ETF by 2.7% during the 3rd quarter. Silver Oak Securities Incorporated now owns 8,577 shares of the company’s stock valued at $476,000 after purchasing an additional 227 shares in the last quarter. Vantage Point Financial LLC grew its position in Dimensional Global Credit ETF by 0.4% during the second quarter. Vantage Point Financial LLC now owns 82,004 shares of the company’s stock valued at $4,447,000 after buying an additional 320 shares during the period. CW Advisors LLC increased its holdings in Dimensional Global Credit ETF by 2.7% in the second quarter. CW Advisors LLC now owns 19,868 shares of the company’s stock valued at $1,077,000 after buying an additional 521 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in Dimensional Global Credit ETF by 2.6% in the second quarter. EverSource Wealth Advisors LLC now owns 30,821 shares of the company’s stock valued at $1,671,000 after buying an additional 781 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its position in shares of Dimensional Global Credit ETF by 3.7% in the second quarter. Smartleaf Asset Management LLC now owns 22,901 shares of the company’s stock worth $1,237,000 after acquiring an additional 819 shares during the period.

Dimensional Global Credit ETF Price Performance

DGCB stock opened at $54.64 on Friday. Dimensional Global Credit ETF has a 52-week low of $51.29 and a 52-week high of $56.03. The company’s 50-day simple moving average is $54.57 and its 200-day simple moving average is $54.88.

Dimensional Global Credit ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, December 18th. Shareholders of record on Tuesday, December 16th were issued a $0.7043 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This is an increase from Dimensional Global Credit ETF’s previous monthly dividend of $0.32. This represents a c) annualized dividend and a yield of 15.5%.

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.