Dimensional California Municipal Bond ETF $DFCA Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC increased its holdings in Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) by 21.4% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 80,276 shares of the company’s stock after purchasing an additional 14,139 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Dimensional California Municipal Bond ETF were worth $4,009,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. IFP Advisors Inc boosted its position in Dimensional California Municipal Bond ETF by 99.7% during the 2nd quarter. IFP Advisors Inc now owns 2,003 shares of the company’s stock worth $99,000 after acquiring an additional 1,000 shares during the period. GAMMA Investing LLC bought a new stake in shares of Dimensional California Municipal Bond ETF during the third quarter valued at about $105,000. Brookstone Capital Management acquired a new stake in Dimensional California Municipal Bond ETF in the third quarter worth about $214,000. Pure Financial Advisors LLC acquired a new stake in Dimensional California Municipal Bond ETF in the third quarter worth about $227,000. Finally, Kaizen Financial Strategies bought a new position in Dimensional California Municipal Bond ETF in the 2nd quarter valued at about $232,000.

Dimensional California Municipal Bond ETF Price Performance

Dimensional California Municipal Bond ETF stock opened at $50.37 on Wednesday. Dimensional California Municipal Bond ETF has a 52 week low of $47.87 and a 52 week high of $50.44. The company’s 50-day moving average price is $50.16 and its two-hundred day moving average price is $49.85.

Dimensional California Municipal Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Wednesday, January 21st were paid a dividend of $0.0377 per share. This represents a c) dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Wednesday, January 21st.

Dimensional California Municipal Bond ETF 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. DFCA was launched on Jun 26, 2023 and is managed by Dimensional.