Vestmark Advisory Solutions Inc. Has $64.85 Million Stake in Dimensional Global Credit ETF (NASDAQ:DGCB)

Vestmark Advisory Solutions Inc. grew its stake in shares of Dimensional Global Credit ETF (NASDAQ:DGCB) by 5.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 1,232,828 shares of the company’s stock after acquiring an additional 68,659 shares during the quarter. Dimensional Global Credit ETF comprises about 2.2% of Vestmark Advisory Solutions Inc.’s portfolio, making the stock its 6th biggest holding. Vestmark Advisory Solutions Inc. owned approximately 0.13% of Dimensional Global Credit ETF worth $64,847,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Geneos Wealth Management Inc. purchased a new stake in shares of Dimensional Global Credit ETF in the fourth quarter worth approximately $242,000. IFP Advisors Inc boosted its stake in shares of Dimensional Global Credit ETF by 16.5% during the 4th quarter. IFP Advisors Inc now owns 5,838 shares of the company’s stock valued at $307,000 after purchasing an additional 827 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of Dimensional Global Credit ETF by 70.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 6,306 shares of the company’s stock worth $346,000 after buying an additional 2,608 shares during the last quarter. Savvy Advisors Inc. boosted its stake in Dimensional Global Credit ETF by 63.6% during the 3rd quarter. Savvy Advisors Inc. now owns 6,397 shares of the company’s stock valued at $351,000 after purchasing an additional 2,487 shares during the last quarter. Finally, Kestra Investment Management LLC purchased a new stake in Dimensional Global Credit ETF during the fourth quarter valued at $361,000.

Dimensional Global Credit ETF Price Performance

NASDAQ:DGCB opened at $53.21 on Thursday. The business’s 50-day simple moving average is $52.81 and its two-hundred day simple moving average is $53.60. Dimensional Global Credit ETF has a 52 week low of $51.57 and a 52 week high of $55.16.

Dimensional Global Credit ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, February 21st. Stockholders of record on Wednesday, February 19th were paid a dividend of $0.1859 per share. This is a positive change from Dimensional Global Credit ETF’s previous dividend of $0.01. The ex-dividend date of this dividend was Wednesday, February 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.