Envestnet Asset Management Inc. Purchases 79,771 Shares of Dimensional Global Credit ETF $DGCB

Envestnet Asset Management Inc. grew its position in Dimensional Global Credit ETF (NASDAQ:DGCB) by 15.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 592,144 shares of the company’s stock after purchasing an additional 79,771 shares during the quarter. Envestnet Asset Management Inc. owned approximately 4.85% of Dimensional Global Credit ETF worth $32,112,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of DGCB. Concord Wealth Partners boosted its stake in shares of Dimensional Global Credit ETF by 606.4% in the 1st quarter. Concord Wealth Partners now owns 1,321 shares of the company’s stock valued at $70,000 after purchasing an additional 1,134 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new position in Dimensional Global Credit ETF during the first quarter worth $201,000. Cary Street Partners Financial LLC bought a new position in Dimensional Global Credit ETF during the first quarter worth $215,000. Geneos Wealth Management Inc. boosted its stake in Dimensional Global Credit ETF by 19.5% during the first quarter. Geneos Wealth Management Inc. now owns 5,504 shares of the company’s stock worth $293,000 after acquiring an additional 898 shares in the last quarter. Finally, Porter White Investment Advisors Inc. bought a new position in Dimensional Global Credit ETF during the first quarter worth $310,000.

Dimensional Global Credit ETF Price Performance

Shares of NASDAQ DGCB opened at $55.19 on Monday. Dimensional Global Credit ETF has a 12-month low of $51.29 and a 12-month high of $56.03. The company’s fifty day simple moving average is $55.37 and its 200 day simple moving average is $54.29.

Dimensional Global Credit ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Thursday, October 23rd. Investors of record on Tuesday, October 21st were paid a dividend of $0.5204 per share. The ex-dividend date of this dividend was Tuesday, October 21st. This represents a c) annualized dividend and a yield of 11.3%.

Dimensional Global Credit ETF 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.