Oarsman Capital Inc. Purchases New Position in Dimensional Global Credit ETF $DGCB

Oarsman Capital Inc. acquired a new stake in Dimensional Global Credit ETF (NASDAQ:DGCB) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 21,580 shares of the company’s stock, valued at approximately $1,180,000. Oarsman Capital Inc. owned approximately 0.11% of Dimensional Global Credit ETF at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. CWM LLC increased its position in shares of Dimensional Global Credit ETF by 27.5% during the fourth quarter. CWM LLC now owns 988 shares of the company’s stock worth $54,000 after purchasing an additional 213 shares in the last quarter. Topsail Wealth Management LLC purchased a new position in Dimensional Global Credit ETF during the 1st quarter worth approximately $55,000. Fifth Third Bancorp purchased a new position in Dimensional Global Credit ETF during the 1st quarter worth approximately $86,000. Raymond James Financial Inc. purchased a new position in Dimensional Global Credit ETF during the 2nd quarter worth approximately $111,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in Dimensional Global Credit ETF during the fourth quarter worth approximately $132,000.

Dimensional Global Credit ETF Trading Down 0.0%

Shares of NASDAQ DGCB opened at $53.19 on Monday. Dimensional Global Credit ETF has a twelve month low of $52.98 and a twelve month high of $56.03. The stock has a 50 day moving average of $53.83 and a two-hundred day moving average of $54.32.

Dimensional Global Credit ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, August 20th. Stockholders of record on Tuesday, August 18th were issued a $0.1378 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend was Tuesday, August 18th.

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.