Dimensional Global Credit ETF (NASDAQ:DGCB) Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its stake in shares of Dimensional Global Credit ETF (NASDAQ:DGCB) by 24.5% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 512,373 shares of the company’s stock after acquiring an additional 100,842 shares during the period. Envestnet Asset Management Inc. owned about 4.83% of Dimensional Global Credit ETF worth $27,243,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in DGCB. Merit Financial Group LLC acquired a new stake in shares of Dimensional Global Credit ETF in the first quarter valued at about $224,000. Symmetry Partners LLC acquired a new stake in shares of Dimensional Global Credit ETF in the fourth quarter valued at about $283,000. Clarity Capital Advisors LLC acquired a new stake in shares of Dimensional Global Credit ETF in the first quarter valued at about $342,000. Savvy Advisors Inc. raised its position in shares of Dimensional Global Credit ETF by 4.3% in the fourth quarter. Savvy Advisors Inc. now owns 6,671 shares of the company’s stock valued at $351,000 after buying an additional 274 shares during the last quarter. Finally, Silver Oak Securities Incorporated raised its position in shares of Dimensional Global Credit ETF by 6.1% in the first quarter. Silver Oak Securities Incorporated now owns 7,622 shares of the company’s stock valued at $404,000 after buying an additional 435 shares during the last quarter.

Dimensional Global Credit ETF Price Performance

Shares of DGCB opened at $53.92 on Tuesday. Dimensional Global Credit ETF has a 12-month low of $51.29 and a 12-month high of $55.16. The firm has a 50-day moving average price of $53.49 and a 200 day moving average price of $53.05.

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.