Dimensional Global Core Plus Fixed Income ETF (NASDAQ:DFGP) Sees Unusually-High Trading Volume – Should You Buy?

Dimensional Global Core Plus Fixed Income ETF (NASDAQ:DFGP) saw an uptick in trading volume on Wednesday . 159,853 shares traded hands during mid-day trading, an increase of 53% from the previous session’s volume of 104,196 shares.The stock last traded at $53.61 and had previously closed at $53.43.

Dimensional Global Core Plus Fixed Income ETF Price Performance

The stock has a 50-day moving average price of $53.34 and a two-hundred day moving average price of $53.73.

Dimensional Global Core Plus Fixed Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a $0.0314 dividend. This represents a $0.38 annualized dividend and a yield of 0.70%. The ex-dividend date of this dividend was Tuesday, March 25th.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in DFGP. Penobscot Wealth Management increased its position in shares of Dimensional Global Core Plus Fixed Income ETF by 567.0% during the fourth quarter. Penobscot Wealth Management now owns 625,408 shares of the company’s stock valued at $33,040,000 after buying an additional 531,640 shares during the period. Curio Wealth LLC bought a new position in shares of Dimensional Global Core Plus Fixed Income ETF in the 4th quarter worth approximately $20,494,000. von Borstel & Associates Inc. lifted its stake in shares of Dimensional Global Core Plus Fixed Income ETF by 54.8% in the 4th quarter. von Borstel & Associates Inc. now owns 886,020 shares of the company’s stock valued at $46,808,000 after purchasing an additional 313,751 shares during the period. United Wealth Management LLC bought a new stake in shares of Dimensional Global Core Plus Fixed Income ETF during the fourth quarter valued at approximately $14,690,000. Finally, Master S Wealth Management Inc. purchased a new stake in Dimensional Global Core Plus Fixed Income ETF in the fourth quarter worth $14,533,000.

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.