Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC raised its stake in Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) by 38.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 608,450 shares of the company’s stock after purchasing an additional 167,956 shares during the period. HighTower Advisors LLC owned about 11.27% of Dimensional California Municipal Bond ETF worth $30,453,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. One Capital Management LLC lifted its position in shares of Dimensional California Municipal Bond ETF by 23.9% during the 4th quarter. One Capital Management LLC now owns 13,535 shares of the company’s stock worth $677,000 after purchasing an additional 2,610 shares during the last quarter. Root Financial Partners LLC raised its stake in Dimensional California Municipal Bond ETF by 18.5% in the fourth quarter. Root Financial Partners LLC now owns 19,255 shares of the company’s stock valued at $964,000 after buying an additional 3,010 shares in the last quarter. Life Planning Partners Inc purchased a new stake in Dimensional California Municipal Bond ETF during the 4th quarter worth about $4,990,000. FMB Wealth Management boosted its position in shares of Dimensional California Municipal Bond ETF by 3.6% during the 4th quarter. FMB Wealth Management now owns 12,458 shares of the company’s stock worth $624,000 after acquiring an additional 428 shares in the last quarter. Finally, Savant Capital LLC purchased a new position in shares of Dimensional California Municipal Bond ETF in the 4th quarter valued at about $1,745,000.

Dimensional California Municipal Bond ETF Stock Performance

DFCA stock opened at $50.04 on Friday. The business has a 50 day moving average price of $50.05 and a 200 day moving average price of $50.31. Dimensional California Municipal Bond ETF has a fifty-two week low of $49.58 and a fifty-two week high of $51.02.

Dimensional California Municipal Bond ETF Company Profile

The Dimensional California Municipal Bond ETF (DFCA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that targets investment grade municipal securities that are exempt from federal and California state income tax. These securities have intermediate-term maturities in nature.