C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Makes New Investment in Dimensional Global Credit ETF $DGCB

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in Dimensional Global Credit ETF (NASDAQ:DGCB) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 148,135 shares of the company’s stock, valued at approximately $8,214,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors owned 1.11% of Dimensional Global Credit ETF as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. AE Wealth Management LLC bought a new stake in shares of Dimensional Global Credit ETF during the second quarter worth $129,000. SageOak Financial LLC boosted its position in Dimensional Global Credit ETF by 9.7% in the 2nd quarter. SageOak Financial LLC now owns 113,244 shares of the company’s stock valued at $6,141,000 after buying an additional 9,975 shares during the period. Mattern Wealth Management LLC increased its position in shares of Dimensional Global Credit ETF by 6.1% during the third quarter. Mattern Wealth Management LLC now owns 233,189 shares of the company’s stock worth $12,930,000 after acquiring an additional 13,470 shares during the period. Wealth Advisors Northwest LLC boosted its holdings in shares of Dimensional Global Credit ETF by 18.7% in the third quarter. Wealth Advisors Northwest LLC now owns 194,840 shares of the company’s stock valued at $10,804,000 after purchasing an additional 30,654 shares during the period. Finally, CreativeOne Wealth LLC grew its stake in Dimensional Global Credit ETF by 8.8% in the second quarter. CreativeOne Wealth LLC now owns 16,425 shares of the company’s stock worth $891,000 after purchasing an additional 1,331 shares in the last quarter.

Dimensional Global Credit ETF Trading Down 0.1%

Shares of DGCB stock opened at $54.19 on Friday. Dimensional Global Credit ETF has a twelve month low of $51.29 and a twelve month high of $56.03. The stock has a fifty day simple moving average of $54.81 and a two-hundred day simple moving average of $54.80.

Dimensional Global Credit ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, December 18th. Shareholders of record on Tuesday, December 16th were given a dividend of $0.7043 per share. This is a positive change from Dimensional Global Credit ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a c) dividend on an annualized basis and a yield of 15.6%.

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.