Short Interest in Dimensional Global Credit ETF (NASDAQ:DGCB) Decreases By 45.6%

Dimensional Global Credit ETF (NASDAQ:DGCB) saw a significant decline in short interest in June. As of June 15th, there was short interest totaling 37,848 shares, a decline of 45.6% from the May 31st total of 69,635 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 104,187 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On Dimensional Global Credit ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Clarity Capital Advisors LLC boosted its stake in Dimensional Global Credit ETF by 2.8% in the 4th quarter. Clarity Capital Advisors LLC now owns 6,616 shares of the company’s stock worth $359,000 after purchasing an additional 183 shares during the period. CWM LLC raised its position in shares of Dimensional Global Credit ETF by 27.5% during the fourth quarter. CWM LLC now owns 988 shares of the company’s stock valued at $54,000 after buying an additional 213 shares during the last quarter. Silver Oak Securities Incorporated raised its position in shares of Dimensional Global Credit ETF by 3.2% during the first quarter. Silver Oak Securities Incorporated now owns 8,507 shares of the company’s stock valued at $461,000 after buying an additional 261 shares during the last quarter. USAdvisors Wealth Management LLC raised its position in shares of Dimensional Global Credit ETF by 4.1% during the fourth quarter. USAdvisors Wealth Management LLC now owns 6,857 shares of the company’s stock valued at $371,000 after buying an additional 267 shares during the last quarter. Finally, Excelsior Advisor Network LLC boosted its position in shares of Dimensional Global Credit ETF by 1.5% during the first quarter. Excelsior Advisor Network LLC now owns 25,250 shares of the company’s stock worth $1,367,000 after acquiring an additional 378 shares during the last quarter.

Dimensional Global Credit ETF Price Performance

NASDAQ:DGCB opened at $54.62 on Friday. The stock has a 50-day simple moving average of $54.63 and a two-hundred day simple moving average of $54.55. Dimensional Global Credit ETF has a 52-week low of $53.44 and a 52-week high of $56.03.

Dimensional Global Credit ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, June 25th. Investors of record on Tuesday, June 23rd were issued a $0.4092 dividend. This represents a c) annualized dividend and a yield of 9.0%. The ex-dividend date of this dividend was Tuesday, June 23rd.

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.