Dimensional Global Core Plus Fixed Income ETF (NASDAQ:DFGP) Sees Large Volume Increase Following Dividend Announcement

Dimensional Global Core Plus Fixed Income ETF (NASDAQ:DFGP) shares saw strong trading volume on Tuesday after the company announced a dividend. 409,180 shares traded hands during mid-day trading, an increase of 270% from the previous session’s volume of 110,561 shares.The stock last traded at $54.25 and had previously closed at $54.47.

The newly announced dividend which will be paid on Thursday, October 24th. Shareholders of record on Tuesday, October 22nd will be paid a dividend of $0.1579 per share. The ex-dividend date is Tuesday, October 22nd. This represents a $1.89 annualized dividend and a yield of 3.49%.

Dimensional Global Core Plus Fixed Income ETF Stock Up 0.2 %

The stock has a fifty day simple moving average of $54.81 and a 200 day simple moving average of $53.66.

Hedge Funds Weigh In On Dimensional Global Core Plus Fixed Income ETF

A number of hedge funds have recently bought and sold shares of DFGP. Forum Financial Management LP grew its stake in shares of Dimensional Global Core Plus Fixed Income ETF by 2.4% in the second quarter. Forum Financial Management LP now owns 5,107,268 shares of the company’s stock worth $270,226,000 after acquiring an additional 121,965 shares during the period. von Borstel & Associates Inc. purchased a new stake in Dimensional Global Core Plus Fixed Income ETF in the third quarter worth approximately $31,532,000. Ruedi Wealth Management Inc. grew its position in Dimensional Global Core Plus Fixed Income ETF by 68.5% in the 3rd quarter. Ruedi Wealth Management Inc. now owns 478,402 shares of the company’s stock worth $26,360,000 after purchasing an additional 194,475 shares during the period. AE Wealth Management LLC purchased a new stake in Dimensional Global Core Plus Fixed Income ETF during the 2nd quarter valued at $22,450,000. Finally, McCarthy Grittinger Financial Group LLC lifted its holdings in shares of Dimensional Global Core Plus Fixed Income ETF by 2.6% during the 2nd quarter. McCarthy Grittinger Financial Group LLC now owns 421,760 shares of the company’s stock valued at $22,315,000 after buying an additional 10,849 shares during the period.

Dimensional Global Core Plus Fixed Income ETF Company Profile

The Dimensional Global Core Plus Fixed Income ETF (DFGP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to maximize total returns through investments in the global fixed income space. Holdings include debt securities of any credit quality and maturity within 20 years.