Wealth Advisors Northwest LLC Makes New Investment in Dimensional Global Credit ETF (NASDAQ:DGCB)

Wealth Advisors Northwest LLC bought a new stake in Dimensional Global Credit ETF (NASDAQ:DGCB) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 56,280 shares of the company’s stock, valued at approximately $2,960,000. Dimensional Global Credit ETF makes up 2.0% of Wealth Advisors Northwest LLC’s holdings, making the stock its 12th largest position.

A number of other hedge funds have also recently modified their holdings of DGCB. Geneos Wealth Management Inc. acquired a new stake in shares of Dimensional Global Credit ETF in the fourth quarter valued at approximately $242,000. Farther Finance Advisors LLC raised its position in Dimensional Global Credit ETF by 70.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 6,306 shares of the company’s stock valued at $346,000 after purchasing an additional 2,608 shares during the last quarter. Savvy Advisors Inc. raised its position in Dimensional Global Credit ETF by 63.6% in the 3rd quarter. Savvy Advisors Inc. now owns 6,397 shares of the company’s stock valued at $351,000 after purchasing an additional 2,487 shares during the last quarter. Silver Oak Securities Incorporated boosted its stake in 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 purchasing an additional 449 shares during the period. Finally, Two West Capital Advisors LLC increased its stake in Dimensional Global Credit ETF by 51.7% in the fourth quarter. Two West Capital Advisors LLC now owns 11,952 shares of the company’s stock valued at $629,000 after purchasing an additional 4,075 shares during the period.

Dimensional Global Credit ETF Stock Down 0.3 %

Shares of NASDAQ:DGCB opened at $52.84 on Wednesday. Dimensional Global Credit ETF has a one year low of $51.57 and a one year high of $55.16. The company has a 50-day simple moving average of $52.87 and a 200-day simple moving average of $53.65.

Dimensional Global Credit ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 24th. Shareholders of record on Wednesday, January 22nd were paid a dividend of $0.0078 per share. The ex-dividend date was Wednesday, January 22nd.

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.