Dimensional Global ex US Core Fixed Income ETF (NASDAQ:DFGX) Sets New 52-Week Low – Time to Sell?

Shares of Dimensional Global ex US Core Fixed Income ETF (NASDAQ:DFGX) reached a new 52-week low during trading on Tuesday . The company traded as low as $51.12 and last traded at $51.23, with a volume of 260536 shares. The stock had previously closed at $51.29.

Dimensional Global ex US Core Fixed Income ETF Trading Up 0.2%

The firm’s 50-day simple moving average is $52.23 and its two-hundred day simple moving average is $52.68.

Dimensional Global ex US Core Fixed Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, August 20th. Investors of record on Tuesday, August 18th were issued a $0.1905 dividend. The ex-dividend date was Tuesday, August 18th. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

Hedge Funds Weigh In On Dimensional Global ex US Core Fixed Income ETF

Several hedge funds and other institutional investors have recently bought and sold shares of DFGX. Apella Capital LLC grew its holdings in Dimensional Global ex US Core Fixed Income ETF by 6.0% in the second quarter. Apella Capital LLC now owns 2,259,550 shares of the company’s stock valued at $120,321,000 after purchasing an additional 128,611 shares during the last quarter. Planning Center Inc. boosted its position in shares of Dimensional Global ex US Core Fixed Income ETF by 5.2% in the 1st quarter. Planning Center Inc. now owns 1,552,569 shares of the company’s stock worth $81,433,000 after buying an additional 76,771 shares in the last quarter. United Wealth Management LLC boosted its position in shares of Dimensional Global ex US Core Fixed Income ETF by 8.2% in the 4th quarter. United Wealth Management LLC now owns 630,878 shares of the company’s stock worth $33,206,000 after buying an additional 47,567 shares in the last quarter. Private Wealth Management Group LLC grew its stake in Dimensional Global ex US Core Fixed Income ETF by 6.0% in the 1st quarter. Private Wealth Management Group LLC now owns 619,301 shares of the company’s stock valued at $32,483,000 after acquiring an additional 34,807 shares during the last quarter. Finally, HighTower Advisors LLC increased its holdings in Dimensional Global ex US Core Fixed Income ETF by 6.3% during the 4th quarter. HighTower Advisors LLC now owns 452,509 shares of the company’s stock valued at $23,818,000 after acquiring an additional 26,668 shares in the last quarter.

About Dimensional Global ex US Core Fixed Income ETF

The Dimensional Global ex US Core Fixed Income ETF (DFGX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund provides an actively managed exposure to the broad fixed income space outside the US. It holds foreign debt securities, of any credit quality and maturity within 20 years, with the objective of maximizing total returns. DFGX was launched on Nov 7, 2023 and is issued by Dimensional.