Dimensional Global Credit ETF $DGCB Shares Sold by Sowell Financial Services LLC

Sowell Financial Services LLC lowered its stake in Dimensional Global Credit ETF (NASDAQ:DGCB) by 51.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 50,546 shares of the company’s stock after selling 52,728 shares during the quarter. Sowell Financial Services LLC’s holdings in Dimensional Global Credit ETF were worth $2,624,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fifth Third Bancorp acquired a new position in Dimensional Global Credit ETF during the first quarter worth about $86,000. IFP Advisors Inc increased its stake in Dimensional Global Credit ETF by 182.2% in the 3rd quarter. IFP Advisors Inc now owns 2,094 shares of the company’s stock worth $109,000 after purchasing an additional 1,352 shares in the last quarter. Ascentis Independent Advisors acquired a new stake in Dimensional Global Credit ETF during the 1st quarter worth about $144,000. Washington Trust Advisors Inc. lifted its stake in Dimensional Global Credit ETF by 157.5% during the third quarter. Washington Trust Advisors Inc. now owns 3,773 shares of the company’s stock valued at $196,000 after buying an additional 2,308 shares in the last quarter. Finally, Austin Asset Management Co Inc purchased a new position in shares of Dimensional Global Credit ETF in the first quarter worth approximately $213,000.

Dimensional Global Credit ETF Stock Performance

DGCB stock opened at $52.61 on Friday. Dimensional Global Credit ETF has a 52-week low of $51.73 and a 52-week high of $55.38. The company’s 50 day simple moving average is $52.53 and its 200-day simple moving average is $53.92.

Dimensional Global Credit ETF Company 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.