Dimensional Global Core Plus Fixed Income ETF (NASDAQ:DFGP) Short Interest Up 1,477.0% in March

Dimensional Global Core Plus Fixed Income ETF (NASDAQ:DFGP) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 734,900 shares, an increase of 1,477.0% from the February 28th total of 46,600 shares. Approximately 3.2% of the shares of the company are short sold. Based on an average trading volume of 134,400 shares, the days-to-cover ratio is currently 5.5 days.

Dimensional Global Core Plus Fixed Income ETF Price Performance

DFGP stock opened at $53.15 on Friday. The stock’s 50 day simple moving average is $53.27 and its 200 day simple moving average is $53.78. Dimensional Global Core Plus Fixed Income ETF has a 12-month low of $51.86 and a 12-month high of $55.46.

Dimensional Global Core Plus Fixed Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a dividend of $0.0314 per share. The ex-dividend date was Tuesday, March 25th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 0.71%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of DFGP. Forum Financial Management LP lifted its holdings in Dimensional Global Core Plus Fixed Income ETF by 2.5% in the fourth quarter. Forum Financial Management LP now owns 5,436,899 shares of the company’s stock worth $287,231,000 after acquiring an additional 135,136 shares during the last quarter. von Borstel & Associates Inc. raised its position in shares of Dimensional Global Core Plus Fixed Income ETF by 54.8% during the 4th quarter. von Borstel & Associates Inc. now owns 886,020 shares of the company’s stock worth $46,808,000 after purchasing an additional 313,751 shares during the period. Penobscot Wealth Management lifted its holdings in shares of Dimensional Global Core Plus Fixed Income ETF by 567.0% in the 4th quarter. Penobscot Wealth Management now owns 625,408 shares of the company’s stock worth $33,040,000 after purchasing an additional 531,640 shares during the last quarter. Vestmark Advisory Solutions Inc. boosted its position in Dimensional Global Core Plus Fixed Income ETF by 6.5% during the 4th quarter. Vestmark Advisory Solutions Inc. now owns 622,737 shares of the company’s stock valued at $32,899,000 after purchasing an additional 38,170 shares during the period. Finally, Bank of America Corp DE grew its stake in Dimensional Global Core Plus Fixed Income ETF by 14.5% during the 4th quarter. Bank of America Corp DE now owns 510,285 shares of the company’s stock worth $26,958,000 after buying an additional 64,736 shares during the last quarter.

Dimensional Global Core Plus Fixed Income ETF Company Profile

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.