USAdvisors Wealth Management LLC Lowers Holdings in Dimensional Global Credit ETF $DGCB

USAdvisors Wealth Management LLC trimmed its holdings in Dimensional Global Credit ETF (NASDAQ:DGCB) by 7.7% during the 2nd quarter, Holdings Channel.com reports. The fund owned 6,593 shares of the company’s stock after selling 553 shares during the period. USAdvisors Wealth Management LLC’s holdings in Dimensional Global Credit ETF were worth $357,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in DGCB. Merit Financial Group LLC purchased a new position in shares of Dimensional Global Credit ETF in the first quarter valued at about $224,000. Park Avenue Securities LLC increased its holdings in shares of Dimensional Global Credit ETF by 47.1% in the first quarter. Park Avenue Securities LLC now owns 26,698 shares of the company’s stock worth $1,420,000 after purchasing an additional 8,554 shares during the last quarter. Clarity Capital Advisors LLC bought a new stake in shares of Dimensional Global Credit ETF in the first quarter worth about $342,000. Farther Finance Advisors LLC increased its holdings in shares of Dimensional Global Credit ETF by 51.9% in the first quarter. Farther Finance Advisors LLC now owns 23,348 shares of the company’s stock worth $1,243,000 after purchasing an additional 7,978 shares during the last quarter. Finally, Simplicity Wealth LLC bought a new stake in shares of Dimensional Global Credit ETF in the first quarter worth about $2,763,000.

Dimensional Global Credit ETF Stock Down 0.1%

Shares of DGCB stock opened at $55.58 on Friday. Dimensional Global Credit ETF has a 12-month low of $51.29 and a 12-month high of $55.66. The stock’s 50-day moving average price is $54.98 and its 200-day moving average price is $53.87.

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.