Truist Financial Corp Purchases New Holdings in Dimensional Global Credit ETF (NASDAQ:DGCB)

Truist Financial Corp acquired a new position in shares of Dimensional Global Credit ETF (NASDAQ:DGCB) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 62,700 shares of the company’s stock, valued at approximately $3,232,000.

Separately, Aspire Private Capital LLC acquired a new stake in shares of Dimensional Global Credit ETF during the fourth quarter worth $457,000.

Dimensional Global Credit ETF Stock Performance

NASDAQ:DGCB opened at $52.60 on Wednesday. The firm has a fifty day moving average price of $52.49. Dimensional Global Credit ETF has a 1-year low of $50.06 and a 1-year high of $53.46.

Dimensional Global Credit ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 19th. Stockholders of record on Wednesday, April 17th were issued a $0.161 dividend. This represents a $1.93 annualized dividend and a dividend yield of 3.67%. The ex-dividend date of this dividend was Tuesday, April 16th.

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.