Park Avenue Securities LLC Increases Position in Dimensional Global Credit ETF (NASDAQ:DGCB)

Park Avenue Securities LLC boosted its holdings in Dimensional Global Credit ETF (NASDAQ:DGCB) by 95.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 18,144 shares of the company’s stock after purchasing an additional 8,838 shares during the quarter. Park Avenue Securities LLC’s holdings in Dimensional Global Credit ETF were worth $954,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of DGCB. EverSource Wealth Advisors LLC grew its holdings in Dimensional Global Credit ETF by 18.6% in the second quarter. EverSource Wealth Advisors LLC now owns 19,976 shares of the company’s stock worth $1,069,000 after purchasing an additional 3,127 shares during the period. NewEdge Advisors LLC grew its holdings in Dimensional Global Credit ETF by 177.2% in the second quarter. NewEdge Advisors LLC now owns 57,017 shares of the company’s stock worth $3,003,000 after purchasing an additional 36,446 shares during the period. Truist Financial Corp grew its holdings in Dimensional Global Credit ETF by 16.5% in the second quarter. Truist Financial Corp now owns 39,569 shares of the company’s stock worth $2,084,000 after purchasing an additional 5,604 shares during the period. Strategic Investment Solutions Inc. IL purchased a new stake in Dimensional Global Credit ETF in the second quarter worth about $1,548,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in Dimensional Global Credit ETF in the third quarter worth about $4,735,000.

Dimensional Global Credit ETF Stock Performance

Shares of DGCB opened at $52.53 on Tuesday. The firm’s 50-day simple moving average is $53.10 and its two-hundred day simple moving average is $53.67. Dimensional Global Credit ETF has a fifty-two week low of $51.57 and a fifty-two week high of $55.16.

Dimensional Global Credit ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, December 19th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.4569 per share. The ex-dividend date was Tuesday, December 17th.

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.