Dimensional Global Credit ETF (NASDAQ:DGCB) Short Interest Down 19.8% in February

Dimensional Global Credit ETF (NASDAQ:DGCB) was the target of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 7,700 shares, a decline of 19.8% from the February 13th total of 9,600 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 70,400 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Dimensional Global Credit ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Aspire Private Capital LLC grew its holdings in shares of Dimensional Global Credit ETF by 1.8% in the fourth quarter. Aspire Private Capital LLC now owns 12,775 shares of the company’s stock valued at $672,000 after purchasing an additional 232 shares in the last quarter. Savvy Advisors Inc. grew its holdings in Dimensional Global Credit ETF by 4.3% during the 4th quarter. Savvy Advisors Inc. now owns 6,671 shares of the company’s stock worth $351,000 after acquiring an additional 274 shares in the last quarter. Silver Oak Securities Incorporated lifted its position in shares of Dimensional Global Credit ETF by 6.7% during the 4th quarter. Silver Oak Securities Incorporated now owns 7,187 shares of the company’s stock worth $379,000 after buying an additional 449 shares during the last quarter. CreativeOne Wealth LLC lifted its position in shares of Dimensional Global Credit ETF by 5.0% during the 4th quarter. CreativeOne Wealth LLC now owns 12,507 shares of the company’s stock worth $658,000 after buying an additional 599 shares during the last quarter. Finally, Copperleaf Capital LLC lifted its position in shares of Dimensional Global Credit ETF by 3.6% during the 4th quarter. Copperleaf Capital LLC now owns 17,882 shares of the company’s stock worth $941,000 after buying an additional 619 shares during the last quarter.

Dimensional Global Credit ETF Price Performance

Dimensional Global Credit ETF stock opened at $52.97 on Monday. The company’s 50 day simple moving average is $52.87 and its 200-day simple moving average is $53.53. Dimensional Global Credit ETF has a 1 year low of $51.57 and a 1 year high of $55.16.

Dimensional Global Credit ETF Increases Dividend

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

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.