Vestmark Advisory Solutions Inc. Grows Stock Position in Dimensional Global Credit ETF $DGCB

Vestmark Advisory Solutions Inc. boosted its holdings in Dimensional Global Credit ETF (NASDAQ:DGCB) by 6.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,538,407 shares of the company’s stock after acquiring an additional 92,337 shares during the period. Dimensional Global Credit ETF accounts for about 1.1% of Vestmark Advisory Solutions Inc.’s investment portfolio, making the stock its 12th largest position. Vestmark Advisory Solutions Inc. owned about 0.10% of Dimensional Global Credit ETF worth $83,440,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DGCB. Integrity Advisory Solutions LLC acquired a new stake in shares of Dimensional Global Credit ETF in the third quarter valued at approximately $47,992,000. Bank of America Corp DE lifted its stake in Dimensional Global Credit ETF by 4.0% in the 3rd quarter. Bank of America Corp DE now owns 807,902 shares of the company’s stock valued at $44,798,000 after buying an additional 31,097 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in Dimensional Global Credit ETF by 13.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 673,316 shares of the company’s stock valued at $37,335,000 after buying an additional 81,172 shares during the last quarter. DiNuzzo Private Wealth Inc. grew its holdings in Dimensional Global Credit ETF by 0.6% during the 4th quarter. DiNuzzo Private Wealth Inc. now owns 329,297 shares of the company’s stock valued at $17,860,000 after buying an additional 1,970 shares during the last quarter. Finally, RFG Advisory LLC increased its position in Dimensional Global Credit ETF by 5.0% during the fourth quarter. RFG Advisory LLC now owns 260,250 shares of the company’s stock worth $14,115,000 after buying an additional 12,348 shares in the last quarter.

Dimensional Global Credit ETF Price Performance

NASDAQ DGCB opened at $54.34 on Friday. Dimensional Global Credit ETF has a fifty-two week low of $52.49 and a fifty-two week high of $56.03. The business has a fifty day moving average of $54.36 and a 200-day moving average of $54.61.

Dimensional Global Credit ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, May 21st. Shareholders of record on Tuesday, May 19th were issued a $0.2192 dividend. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date was Tuesday, May 19th.

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.