Park Avenue Securities LLC Purchases 8,838 Shares of Dimensional Global Credit ETF (NASDAQ:DGCB)

Park Avenue Securities LLC grew its position in shares of Dimensional Global Credit ETF (NASDAQ:DGCB) by 95.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,144 shares of the company’s stock after acquiring an additional 8,838 shares during the period. Park Avenue Securities LLC owned about 0.19% of Dimensional Global Credit ETF worth $954,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Farther Finance Advisors LLC raised its stake in shares of Dimensional Global Credit ETF by 70.5% during the third quarter. Farther Finance Advisors LLC now owns 6,306 shares of the company’s stock valued at $346,000 after acquiring an additional 2,608 shares during the last quarter. Savvy Advisors Inc. raised its stake in Dimensional Global Credit ETF by 63.6% in the third quarter. Savvy Advisors Inc. now owns 6,397 shares of the company’s stock worth $351,000 after buying an additional 2,487 shares in the last quarter. CreativeOne Wealth LLC raised its stake in Dimensional Global Credit ETF by 68.5% in the third quarter. CreativeOne Wealth LLC now owns 11,908 shares of the company’s stock worth $653,000 after buying an additional 4,841 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in Dimensional Global Credit ETF by 18.6% in the second quarter. EverSource Wealth Advisors LLC now owns 19,976 shares of the company’s stock worth $1,069,000 after buying an additional 3,127 shares in the last quarter. Finally, TRU Independence Asset Management 2 LLC bought a new position in Dimensional Global Credit ETF in the third quarter worth about $1,464,000.

Dimensional Global Credit ETF Price Performance

DGCB stock opened at $52.53 on Tuesday. Dimensional Global Credit ETF has a 1 year low of $51.57 and a 1 year high of $55.16. The firm has a 50-day moving average of $53.10 and a 200 day moving average of $53.67.

Dimensional Global Credit ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, December 19th. Investors of record on Tuesday, December 17th were paid a $0.4569 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.