Dimensional Global Credit ETF (NASDAQ:DGCB) Hits New 12-Month Low – Should You Sell?

Shares of Dimensional Global Credit ETF (NASDAQ:DGCB) hit a new 52-week low on Wednesday. The stock traded as low as $51.86 and last traded at $51.9210, with a volume of 124704 shares trading hands. The stock had previously closed at $51.97.

Dimensional Global Credit ETF Trading Up 0.3%

The company’s 50 day moving average is $52.99 and its 200-day moving average is $53.93.

Hedge Funds Weigh In On Dimensional Global Credit ETF

A number of institutional investors have recently made changes to their positions in the business. Clarity Capital Advisors LLC increased its holdings in Dimensional Global Credit ETF by 2.8% in the fourth quarter. Clarity Capital Advisors LLC now owns 6,616 shares of the company’s stock valued at $359,000 after buying an additional 183 shares during the last quarter. Williams & Novak LLC lifted its stake in Dimensional Global Credit ETF by 4.3% during the second quarter. Williams & Novak LLC now owns 6,114 shares of the company’s stock worth $334,000 after purchasing an additional 250 shares during the last quarter. Silver Oak Securities Incorporated lifted its stake in Dimensional Global Credit ETF by 3.2% during the first quarter. Silver Oak Securities Incorporated now owns 8,507 shares of the company’s stock worth $461,000 after purchasing an additional 261 shares during the last quarter. Excelsior Advisor Network LLC boosted its holdings in Dimensional Global Credit ETF by 1.5% in the first quarter. Excelsior Advisor Network LLC now owns 25,250 shares of the company’s stock worth $1,367,000 after purchasing an additional 378 shares during the period. Finally, Hershey Financial Advisers LLC increased its stake in Dimensional Global Credit ETF by 8.1% during the first quarter. Hershey Financial Advisers LLC now owns 9,848 shares of the company’s stock valued at $533,000 after purchasing an additional 738 shares during the last quarter.

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.