Short Interest in Dimensional Global Credit ETF (NASDAQ:DGCB) Decreases By 59.1%

Dimensional Global Credit ETF (NASDAQ:DGCB) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 20,103 shares, a decline of 59.1% from the December 15th total of 49,182 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 82,965 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 82,965 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Dimensional Global Credit ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Silver Oak Securities Incorporated increased its holdings in Dimensional Global Credit ETF by 2.7% in the 3rd quarter. Silver Oak Securities Incorporated now owns 8,577 shares of the company’s stock valued at $476,000 after acquiring an additional 227 shares during the last quarter. Vantage Point Financial LLC grew its position in shares of Dimensional Global Credit ETF by 0.4% during the second quarter. Vantage Point Financial LLC now owns 82,004 shares of the company’s stock valued at $4,447,000 after purchasing an additional 320 shares in the last quarter. CW Advisors LLC increased its holdings in shares of Dimensional Global Credit ETF by 2.7% in the second quarter. CW Advisors LLC now owns 19,868 shares of the company’s stock worth $1,077,000 after purchasing an additional 521 shares during the last quarter. RCS Financial Planning LLC increased its holdings in shares of Dimensional Global Credit ETF by 4.9% in the third quarter. RCS Financial Planning LLC now owns 12,525 shares of the company’s stock worth $695,000 after purchasing an additional 581 shares during the last quarter. Finally, Selective Wealth Management Inc. lifted its position in shares of Dimensional Global Credit ETF by 17.0% in the fourth quarter. Selective Wealth Management Inc. now owns 4,302 shares of the company’s stock worth $235,000 after buying an additional 626 shares in the last quarter.

Dimensional Global Credit ETF Price Performance

NASDAQ DGCB traded down $0.07 on Friday, reaching $54.51. 36,432 shares of the stock were exchanged, compared to its average volume of 51,781. Dimensional Global Credit ETF has a one year low of $51.29 and a one year high of $56.03. The company’s 50-day simple moving average is $54.67 and its two-hundred day simple moving average is $54.84.

Dimensional Global Credit ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, December 18th. Shareholders of record on Tuesday, December 16th were issued a dividend of $0.7043 per share. This is an increase from Dimensional Global Credit ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a c) dividend on an annualized basis and a yield of 15.5%.

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.