Dimensional Global Core Plus Fixed Income ETF (NASDAQ:DFGP) Sees Large Growth in Short Interest

Dimensional Global Core Plus Fixed Income ETF (NASDAQ:DFGP) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totaling 192,363 shares, an increase of 46.2% from the December 15th total of 131,562 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average trading volume of 195,259 shares, the short-interest ratio is presently 1.0 days. Based on an average trading volume of 195,259 shares, the short-interest ratio is presently 1.0 days. Approximately 0.5% of the company’s shares are sold short.

Dimensional Global Core Plus Fixed Income ETF Stock Performance

Shares of NASDAQ DFGP opened at $54.35 on Monday. The firm has a fifty day simple moving average of $54.54 and a two-hundred day simple moving average of $54.90. Dimensional Global Core Plus Fixed Income ETF has a 12 month low of $51.92 and a 12 month high of $56.17.

Dimensional Global Core Plus Fixed Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, December 18th. Shareholders of record on Tuesday, December 16th were given a dividend of $0.6817 per share. This represents a c) annualized dividend and a yield of 15.1%. The ex-dividend date of this dividend was Tuesday, December 16th. This is a positive change from Dimensional Global Core Plus Fixed Income ETF’s previous monthly dividend of $0.44.

Hedge Funds Weigh In On Dimensional Global Core Plus Fixed Income ETF

A number of institutional investors have recently added to or reduced their stakes in DFGP. Gradient Capital Advisors LLC raised its stake in shares of Dimensional Global Core Plus Fixed Income ETF by 559.4% in the third quarter. Gradient Capital Advisors LLC now owns 84,557 shares of the company’s stock worth $4,699,000 after buying an additional 71,733 shares during the period. Applied Capital LLC boosted its position in shares of Dimensional Global Core Plus Fixed Income ETF by 17.6% in the third quarter. Applied Capital LLC now owns 68,375 shares of the company’s stock worth $3,800,000 after purchasing an additional 10,238 shares during the period. Meredith Wealth Planning boosted its position in shares of Dimensional Global Core Plus Fixed Income ETF by 29.8% in the third quarter. Meredith Wealth Planning now owns 92,801 shares of the company’s stock worth $5,157,000 after purchasing an additional 21,331 shares during the period. Merit Financial Group LLC increased its stake in shares of Dimensional Global Core Plus Fixed Income ETF by 37.5% in the third quarter. Merit Financial Group LLC now owns 153,901 shares of the company’s stock worth $8,552,000 after purchasing an additional 41,942 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of Dimensional Global Core Plus Fixed Income ETF by 59.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 542,202 shares of the company’s stock valued at $29,545,000 after purchasing an additional 201,791 shares during the period.

About Dimensional Global Core Plus Fixed Income ETF

The Dimensional Global Core Plus Fixed Income ETF (DFGP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to maximize total returns through investments in the global fixed income space. Holdings include debt securities of any credit quality and maturity within 20 years. DFGP was launched on Nov 7, 2023 and is issued by Dimensional.