Oregon-based von Borstel & Associates increased its stake in Dimensional Global Core Plus Fixed Income ETF (DFGP) by 97,269 shares in Q3, raising the position’s value by $5.75 million. The fund now holds 1.34 million DFGP shares worth $74.09 million, becoming the second-largest holding in the portfolio. DFGP shares were priced at $54.03 as of Friday, with a 1-year total return of 6%. The fund focuses on a globally diversified portfolio of U.S. and foreign debt securities, offering exposure to core plus fixed income securities for institutional and individual investors seeking diversified fixed income exposure with daily liquidity.
According to a filing with the Securities and Exchange Commission, von Borstel & Associates, Inc. added 97,269 shares of Dimensional Global Core Plus Fixed Income ETF (DFGP) in Q3, increasing its total position to 1.34 million shares valued at $74.09 million, representing 11.36% of overall fund assets. Top holdings after the filing include NYSEMKT: DFAC at $133.53 million, NASDAQ: DFGP at $74.09 million, NYSEMKT: DFIC at $45.49 million, NYSEMKT: DUHP at $26.78 million, and NYSEMKT: DFSV at $25.95 million. The move is seen as a strategic allocation to fixed income securities alongside equity ETFs, not as a speculative bond trade.
The Dimensional Global Core Plus Fixed Income ETF (DFGP) provides investors with a globally diversified portfolio of fixed income securities, managed with a disciplined approach to credit and interest rate risk. The fund’s focus on core plus fixed income securities offers income potential paired with risk that is easier to model, appealing to investors seeking income without making an aggressive rate call. With a yield to maturity north of 5.5% and a duration under seven years, the fund offers diversified exposure across more than 1,300 holdings, blending investment-grade with selective lower-rated credit while keeping costs low with a net expense ratio around 0.22%.
Von Borstel & Associates disclosed a $5.75 million increase in its stake in Dimensional Global Core Plus Fixed Income ETF (DFGP) in Q3, bringing its total position to 1.34 million shares valued at $74.09 million. This move is viewed as a strategic allocation to fixed income securities alongside equity ETFs, reflecting a balanced portfolio approach. The fund’s systematic approach to credit and interest rate risk management, coupled with its diversified exposure, offers investors a unique opportunity for income potential with manageable risk.
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