Dimensional Global ex US Core Fixed Income ETF (NASDAQ:DFGX) Reaches New 12-Month Low – Should You Sell?

Shares of Dimensional Global ex US Core Fixed Income ETF (NASDAQ:DFGX) reached a new 52-week low during mid-day trading on Thursday. The stock traded as low as $51.11 and last traded at $51.14, with a volume of 22089 shares trading hands. The stock had previously closed at $51.25.

Dimensional Global ex US Core Fixed Income ETF Stock Up 0.3%

The stock has a fifty day simple moving average of $51.99 and a 200 day simple moving average of $52.59.

Dimensional Global ex US Core Fixed Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, August 20th. Investors of record on Tuesday, August 18th were issued a $0.1905 dividend. This represents a $2.29 annualized dividend and a yield of 4.5%. The ex-dividend date was Tuesday, August 18th. This is a negative change from Dimensional Global ex US Core Fixed Income ETF’s previous monthly dividend of $0.6989.

Hedge Funds Weigh In On Dimensional Global ex US Core Fixed Income ETF

Several hedge funds and other institutional investors have recently bought and sold shares of DFGX. Apella Capital LLC raised its holdings in shares of Dimensional Global ex US Core Fixed Income ETF by 6.0% during the second quarter. Apella Capital LLC now owns 2,259,550 shares of the company’s stock valued at $120,321,000 after purchasing an additional 128,611 shares during the last quarter. Planning Center Inc. boosted its holdings in Dimensional Global ex US Core Fixed Income ETF by 5.2% in the first quarter. Planning Center Inc. now owns 1,552,569 shares of the company’s stock worth $81,433,000 after purchasing an additional 76,771 shares during the last quarter. United Wealth Management LLC grew its position in Dimensional Global ex US Core Fixed Income ETF by 8.2% in the 4th quarter. United Wealth Management LLC now owns 630,878 shares of the company’s stock worth $33,206,000 after purchasing an additional 47,567 shares during the period. Private Wealth Management Group LLC grew its position in Dimensional Global ex US Core Fixed Income ETF by 6.0% in the 1st quarter. Private Wealth Management Group LLC now owns 619,301 shares of the company’s stock worth $32,483,000 after purchasing an additional 34,807 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in Dimensional Global ex US Core Fixed Income ETF by 27.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 594,298 shares of the company’s stock valued at $31,851,000 after buying an additional 128,942 shares during the last quarter.

About Dimensional Global ex US Core Fixed Income ETF

The Dimensional Global ex US Core Fixed Income ETF (DFGX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund provides an actively managed exposure to the broad fixed income space outside the US. It holds foreign debt securities, of any credit quality and maturity within 20 years, with the objective of maximizing total returns. DFGX was launched on Nov 7, 2023 and is issued by Dimensional.