APS Management Group Inc. Takes $6.70 Million Position in Dimensional Global Credit ETF $DGCB

APS Management Group Inc. acquired a new position in Dimensional Global Credit ETF (NASDAQ:DGCB) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 120,810 shares of the company’s stock, valued at approximately $6,699,000. Dimensional Global Credit ETF comprises 4.7% of APS Management Group Inc.’s portfolio, making the stock its 5th biggest position. APS Management Group Inc. owned 0.89% of Dimensional Global Credit ETF at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC purchased a new position in shares of Dimensional Global Credit ETF during the first quarter valued at about $201,000. Integrity Alliance LLC. purchased a new stake in shares of Dimensional Global Credit ETF in the first quarter worth $25,260,000. Geneos Wealth Management Inc. raised its position in shares of 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 valued at $293,000 after buying an additional 898 shares during the last quarter. Porter White Investment Advisors Inc. purchased a new position in Dimensional Global Credit ETF during the 1st quarter valued at approximately $310,000. Finally, Silver Oak Securities Incorporated grew its position in Dimensional Global Credit ETF by 9.6% in the second quarter. Silver Oak Securities Incorporated now owns 8,350 shares of the company’s stock worth $453,000 after acquiring an additional 728 shares in the last quarter.

Dimensional Global Credit ETF Stock Up 0.0%

DGCB stock opened at $54.37 on Wednesday. Dimensional Global Credit ETF has a 12 month low of $51.29 and a 12 month high of $56.03. The company has a 50-day moving average price of $54.76 and a 200 day moving average price of $54.83.

Dimensional Global Credit ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, December 18th. Shareholders of record on Tuesday, December 16th were given a $0.7043 dividend. 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) annualized dividend and a yield of 15.5%.

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.