Selective Wealth Management Inc. Purchases 10,439 Shares of Dimensional Global Credit ETF $DGCB

Selective Wealth Management Inc. grew its position in Dimensional Global Credit ETF (NASDAQ:DGCB) by 52.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 30,345 shares of the company’s stock after purchasing an additional 10,439 shares during the period. Selective Wealth Management Inc.’s holdings in Dimensional Global Credit ETF were worth $1,595,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in DGCB. Topsail Wealth Management LLC bought a new stake in shares of Dimensional Global Credit ETF during the first quarter worth $55,000. Fifth Third Bancorp acquired a new position in shares of Dimensional Global Credit ETF during the first quarter valued at $86,000. Ascentis Independent Advisors bought a new position in Dimensional Global Credit ETF in the first quarter valued at about $144,000. Austin Asset Management Co Inc bought a new position in Dimensional Global Credit ETF in the first quarter valued at about $213,000. Finally, Krilogy Financial LLC bought a new position in Dimensional Global Credit ETF in the third quarter valued at about $286,000.

Dimensional Global Credit ETF Price Performance

DGCB stock traded down $0.02 during midday trading on Friday, reaching $52.53. The stock had a trading volume of 221,782 shares, compared to its average volume of 103,044. The business has a fifty day simple moving average of $52.72 and a two-hundred day simple moving average of $53.79. Dimensional Global Credit ETF has a twelve month low of $51.73 and a twelve month high of $56.03.

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.