OLD Mission Capital LLC Invests $4.14 Million in Dimensional Global Credit ETF (NASDAQ:DGCB)

OLD Mission Capital LLC purchased a new position in Dimensional Global Credit ETF (NASDAQ:DGCB) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 78,124 shares of the company’s stock, valued at approximately $4,137,000. OLD Mission Capital LLC owned 1.82% of Dimensional Global Credit ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Truist Financial Corp bought a new position in Dimensional Global Credit ETF in the fourth quarter worth approximately $3,232,000. Aspire Private Capital LLC bought a new position in Dimensional Global Credit ETF in the fourth quarter worth approximately $457,000. Virtu Financial LLC bought a new position in Dimensional Global Credit ETF in the fourth quarter worth approximately $820,000. CreativeOne Wealth LLC bought a new position in Dimensional Global Credit ETF in the fourth quarter worth approximately $247,000. Finally, RFG Advisory LLC bought a new position in Dimensional Global Credit ETF in the first quarter worth approximately $651,000.

Dimensional Global Credit ETF Stock Up 0.4 %

NASDAQ:DGCB traded up $0.23 during midday trading on Friday, hitting $53.14. The stock had a trading volume of 40,808 shares, compared to its average volume of 44,063. Dimensional Global Credit ETF has a one year low of $50.06 and a one year high of $53.46. The stock has a 50-day moving average of $52.81 and a 200 day moving average of $52.66.

Dimensional Global Credit ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, July 18th. Shareholders of record on Tuesday, July 16th were given a dividend of $0.2182 per share. This represents a $2.62 annualized dividend and a yield of 4.93%. The ex-dividend date of this dividend was Tuesday, July 16th. This is a boost from Dimensional Global Credit ETF’s previous monthly dividend of $0.15.

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.