Austin Private Wealth LLC Has $1.75 Million Stake in Dimensional Global Credit ETF $DGCB

Austin Private Wealth LLC boosted its position in Dimensional Global Credit ETF (NASDAQ:DGCB) by 22.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,238 shares of the company’s stock after buying an additional 6,005 shares during the period. Austin Private Wealth LLC owned approximately 0.26% of Dimensional Global Credit ETF worth $1,748,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Envestnet Asset Management Inc. lifted its holdings in Dimensional Global Credit ETF by 15.6% in the second quarter. Envestnet Asset Management Inc. now owns 592,144 shares of the company’s stock valued at $32,112,000 after buying an additional 79,771 shares during the period. Integrity Alliance LLC. bought a new stake in Dimensional Global Credit ETF in the first quarter valued at $25,260,000. Commonwealth Equity Services LLC boosted its position in shares of Dimensional Global Credit ETF by 1.1% during the 1st quarter. Commonwealth Equity Services LLC now owns 290,365 shares of the company’s stock worth $15,439,000 after purchasing an additional 3,073 shares in the last quarter. Mattern Wealth Management LLC grew its stake in shares of Dimensional Global Credit ETF by 16.4% in the 2nd quarter. Mattern Wealth Management LLC now owns 219,719 shares of the company’s stock valued at $11,915,000 after buying an additional 30,953 shares during the period. Finally, Wealth Advisors Northwest LLC grew its stake in shares of Dimensional Global Credit ETF by 48.2% in the 2nd quarter. Wealth Advisors Northwest LLC now owns 164,186 shares of the company’s stock valued at $8,904,000 after buying an additional 53,411 shares during the period.

Dimensional Global Credit ETF Stock Performance

Shares of DGCB opened at $55.52 on Wednesday. The stock has a 50-day moving average of $55.34 and a 200-day moving average of $54.21. Dimensional Global Credit ETF has a one year low of $51.29 and a one year high of $56.03.

Dimensional Global Credit ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Tuesday, October 21st were paid a $0.5204 dividend. The ex-dividend date was Tuesday, October 21st. This represents a c) annualized dividend and a dividend yield of 11.2%.

Dimensional Global Credit ETF 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.