Vestmark Advisory Solutions Inc. Buys Shares of 855,973 Dimensional Global Credit ETF (NASDAQ:DGCB)

Vestmark Advisory Solutions Inc. bought a new stake in shares of Dimensional Global Credit ETF (NASDAQ:DGCB) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 855,973 shares of the company’s stock, valued at approximately $45,452,000. Dimensional Global Credit ETF accounts for approximately 2.3% of Vestmark Advisory Solutions Inc.’s holdings, making the stock its 6th largest position. Vestmark Advisory Solutions Inc. owned approximately 38.91% of Dimensional Global Credit ETF as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. DiNuzzo Private Wealth Inc. bought a new position in shares of Dimensional Global Credit ETF during the 4th quarter valued at about $16,588,000. Truist Financial Corp bought a new position in shares of Dimensional Global Credit ETF during the 4th quarter valued at about $3,232,000. Finally, Aspire Private Capital LLC bought a new position in shares of Dimensional Global Credit ETF during the 4th quarter valued at about $457,000.

Dimensional Global Credit ETF Trading Up 0.5 %

Shares of NASDAQ:DGCB traded up $0.25 during trading hours on Friday, hitting $52.44. 19,458 shares of the company’s stock traded hands, compared to its average volume of 44,747. Dimensional Global Credit ETF has a 52 week low of $50.06 and a 52 week high of $53.46. The company’s fifty day simple moving average is $52.48.

Dimensional Global Credit ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 19th. Shareholders of record on Wednesday, April 17th were issued a $0.161 dividend. This represents a $1.93 annualized dividend and a dividend yield of 3.68%. The ex-dividend date was Tuesday, April 16th.

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.