Dimensional Global Credit ETF (NASDAQ:DGCB – Get Free Report) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 37,848 shares, a decline of 45.6% from the May 31st total of 69,635 shares. Based on an average trading volume of 104,187 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the shares of the stock are short sold.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in DGCB. CWM LLC boosted its holdings in Dimensional Global Credit ETF by 27.5% during the fourth quarter. CWM LLC now owns 988 shares of the company’s stock worth $54,000 after buying an additional 213 shares during the last quarter. Topsail Wealth Management LLC bought a new stake in shares of Dimensional Global Credit ETF in the 1st quarter valued at about $55,000. Fifth Third Bancorp bought a new stake in shares of Dimensional Global Credit ETF in the 1st quarter valued at about $86,000. Raymond James Financial Inc. acquired a new stake in shares of Dimensional Global Credit ETF in the 2nd quarter valued at approximately $111,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Dimensional Global Credit ETF in the 4th quarter valued at approximately $132,000.
Dimensional Global Credit ETF Stock Down 0.1%
NASDAQ DGCB traded down $0.06 on Wednesday, hitting $54.61. 115,981 shares of the company were exchanged, compared to its average volume of 92,799. Dimensional Global Credit ETF has a 1-year low of $53.44 and a 1-year high of $56.03. The firm has a 50 day moving average of $54.63 and a two-hundred day moving average of $54.56.
Dimensional Global Credit ETF Announces Dividend
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.
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