Sowell Financial Services LLC Boosts Holdings in Dimensional Global Credit ETF (NASDAQ:DGCB)

Sowell Financial Services LLC grew its position in Dimensional Global Credit ETF (NASDAQ:DGCB) by 41.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,137 shares of the company’s stock after acquiring an additional 7,020 shares during the quarter. Sowell Financial Services LLC owned about 0.25% of Dimensional Global Credit ETF worth $1,270,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in DGCB. Aspire Private Capital LLC raised its position in Dimensional Global Credit ETF by 1.8% in the 4th quarter. Aspire Private Capital LLC now owns 12,775 shares of the company’s stock worth $672,000 after purchasing an additional 232 shares during the period. Silver Oak Securities Incorporated raised its holdings in shares of Dimensional Global Credit ETF by 6.7% in the fourth quarter. Silver Oak Securities Incorporated now owns 7,187 shares of the company’s stock worth $379,000 after buying an additional 449 shares during the period. Copperleaf Capital LLC lifted its stake in shares of Dimensional Global Credit ETF by 3.6% during the 4th quarter. Copperleaf Capital LLC now owns 17,882 shares of the company’s stock worth $941,000 after acquiring an additional 619 shares during the last quarter. IFP Advisors Inc boosted its holdings in Dimensional Global Credit ETF by 16.5% during the 4th quarter. IFP Advisors Inc now owns 5,838 shares of the company’s stock valued at $307,000 after acquiring an additional 827 shares during the period. Finally, Smartleaf Asset Management LLC grew its position in Dimensional Global Credit ETF by 5.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 20,661 shares of the company’s stock valued at $1,089,000 after acquiring an additional 1,007 shares during the last quarter.

Dimensional Global Credit ETF Trading Up 0.2 %

DGCB stock opened at $53.15 on Tuesday. Dimensional Global Credit ETF has a twelve month low of $51.57 and a twelve month high of $55.16. The business’s fifty day simple moving average is $52.84 and its two-hundred day simple moving average is $53.57.

Dimensional Global Credit ETF Increases Dividend

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

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.