Truist Financial Corp Acquires 8,418 Shares of Dimensional Global Credit ETF (NASDAQ:DGCB)

Truist Financial Corp lifted its position in Dimensional Global Credit ETF (NASDAQ:DGCB) by 20.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 50,418 shares of the company’s stock after buying an additional 8,418 shares during the period. Truist Financial Corp owned approximately 0.52% of Dimensional Global Credit ETF worth $2,652,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of DGCB. Park Avenue Securities LLC increased its holdings in shares of Dimensional Global Credit ETF by 95.0% in the fourth quarter. Park Avenue Securities LLC now owns 18,144 shares of the company’s stock worth $954,000 after purchasing an additional 8,838 shares during the last quarter. Aspire Private Capital LLC boosted its position in shares of Dimensional Global Credit ETF by 1.8% during the fourth quarter. Aspire Private Capital LLC now owns 12,775 shares of the company’s stock valued at $672,000 after buying an additional 232 shares during the period. CreativeOne Wealth LLC boosted its position in shares of Dimensional Global Credit ETF by 68.5% during the third quarter. CreativeOne Wealth LLC now owns 11,908 shares of the company’s stock valued at $653,000 after buying an additional 4,841 shares during the period. Two West Capital Advisors LLC boosted its position in shares of Dimensional Global Credit ETF by 51.7% during the fourth quarter. Two West Capital Advisors LLC now owns 11,952 shares of the company’s stock valued at $629,000 after buying an additional 4,075 shares during the period. Finally, TRU Independence Asset Management 2 LLC boosted its position in shares of Dimensional Global Credit ETF by 253.9% during the fourth quarter. TRU Independence Asset Management 2 LLC now owns 94,481 shares of the company’s stock valued at $4,970,000 after buying an additional 67,783 shares during the period.

Dimensional Global Credit ETF Trading Up 0.5 %

Shares of NASDAQ DGCB opened at $53.48 on Wednesday. The stock has a 50 day moving average price of $52.71 and a 200 day moving average price of $53.61. Dimensional Global Credit ETF has a 52-week low of $51.57 and a 52-week high of $55.16.

Dimensional Global Credit ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, February 21st. Shareholders of record on Wednesday, February 19th were issued a dividend of $0.1859 per share. The ex-dividend date of this dividend was Wednesday, February 19th. This is a positive change from Dimensional Global Credit ETF’s previous dividend of $0.01.

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.