M Holdings Securities Inc. Purchases New Shares in Dimensional Global Credit ETF $DGCB

M Holdings Securities Inc. bought a new stake in Dimensional Global Credit ETF (NASDAQ:DGCB) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 235,674 shares of the company’s stock, valued at approximately $12,884,000. Dimensional Global Credit ETF accounts for 1.7% of M Holdings Securities Inc.’s portfolio, making the stock its 10th biggest position. M Holdings Securities Inc. owned 1.17% of Dimensional Global Credit ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. CWM LLC boosted its stake in shares of Dimensional Global Credit ETF by 27.5% in the fourth quarter. CWM LLC now owns 988 shares of the company’s stock valued at $54,000 after buying an additional 213 shares during the period. Topsail Wealth Management LLC bought a new stake in shares of Dimensional Global Credit ETF during the 1st quarter valued at $55,000. Fifth Third Bancorp acquired a new stake in shares of Dimensional Global Credit ETF during the 1st quarter worth $86,000. Raymond James Financial Inc. bought a new position in shares of Dimensional Global Credit ETF in the second quarter worth $111,000. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in Dimensional Global Credit ETF during the fourth quarter worth about $132,000.

Dimensional Global Credit ETF Trading Down 0.0%

Shares of Dimensional Global Credit ETF stock opened at $53.19 on Monday. The firm’s 50-day moving average price is $53.83 and its two-hundred day moving average price is $54.32. Dimensional Global Credit ETF has a 12-month low of $52.98 and a 12-month high of $56.03.

Dimensional Global Credit ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, August 20th. Investors of record on Tuesday, August 18th were paid a $0.1378 dividend. This represents a c) dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend was Tuesday, August 18th.

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.