Dimensional Global Core Plus Fixed Income ETF (NASDAQ:DFGP) Short Interest Up 1,154.0% in July

Dimensional Global Core Plus Fixed Income ETF (NASDAQ:DFGP) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 1,047,449 shares, an increase of 1,154.0% from the July 15th total of 83,529 shares. Based on an average daily volume of 352,761 shares, the short-interest ratio is currently 3.0 days. Approximately 1.7% of the shares of the company are short sold.

Dimensional Global Core Plus Fixed Income ETF Stock Performance

NASDAQ DFGP opened at $53.40 on Wednesday. The company’s fifty day moving average is $54.11 and its two-hundred day moving average is $54.30. Dimensional Global Core Plus Fixed Income ETF has a 52-week low of $53.13 and a 52-week high of $56.17.

Dimensional Global Core Plus Fixed Income ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, July 23rd. Investors of record on Tuesday, July 21st were paid a $0.516 dividend. This represents a c) annualized dividend and a dividend yield of 11.6%. The ex-dividend date was Tuesday, July 21st.

Hedge Funds Weigh In On Dimensional Global Core Plus Fixed Income ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in DFGP. Sei Investments Co. acquired a new stake in shares of Dimensional Global Core Plus Fixed Income ETF during the 2nd quarter worth approximately $396,000. Bank of America Corp DE raised its stake in shares of Dimensional Global Core Plus Fixed Income ETF by 9.8% in the second quarter. Bank of America Corp DE now owns 522,105 shares of the company’s stock valued at $28,450,000 after purchasing an additional 46,728 shares in the last quarter. Great Valley Advisor Group Inc. lifted its position in Dimensional Global Core Plus Fixed Income ETF by 76.0% in the second quarter. Great Valley Advisor Group Inc. now owns 23,156 shares of the company’s stock worth $1,262,000 after purchasing an additional 9,996 shares during the period. MML Investors Services LLC bought a new position in Dimensional Global Core Plus Fixed Income ETF in the second quarter worth $1,484,000. Finally, Orion Porfolio Solutions LLC boosted its stake in Dimensional Global Core Plus Fixed Income ETF by 17.0% during the second quarter. Orion Porfolio Solutions LLC now owns 5,920 shares of the company’s stock worth $323,000 after buying an additional 861 shares in the last quarter.

About Dimensional Global Core Plus Fixed Income ETF

The Dimensional Global Core Plus Fixed Income ETF (DFGP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to maximize total returns through investments in the global fixed income space. Holdings include debt securities of any credit quality and maturity within 20 years. DFGP was launched on Nov 7, 2023 and is issued by Dimensional.