Root Financial Partners LLC Purchases 18,046 Shares of Dimensional California Municipal Bond ETF $DFCA

Root Financial Partners LLC lifted its holdings in Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) by 33.3% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 72,217 shares of the company’s stock after purchasing an additional 18,046 shares during the period. Root Financial Partners LLC owned about 0.53% of Dimensional California Municipal Bond ETF worth $3,600,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Mercer Global Advisors Inc. ADV grew its position in Dimensional California Municipal Bond ETF by 17.4% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 6,138,572 shares of the company’s stock valued at $307,421,000 after buying an additional 910,153 shares during the period. HighTower Advisors LLC raised its position in Dimensional California Municipal Bond ETF by 4.7% in the fourth quarter. HighTower Advisors LLC now owns 1,014,703 shares of the company’s stock worth $50,817,000 after acquiring an additional 45,281 shares during the period. Citrine Capital LLC boosted its stake in shares of Dimensional California Municipal Bond ETF by 34.7% during the 1st quarter. Citrine Capital LLC now owns 787,340 shares of the company’s stock worth $39,249,000 after acquiring an additional 202,677 shares during the last quarter. Savvy Advisors Inc. boosted its stake in shares of Dimensional California Municipal Bond ETF by 0.8% during the 4th quarter. Savvy Advisors Inc. now owns 165,328 shares of the company’s stock worth $8,280,000 after acquiring an additional 1,288 shares during the last quarter. Finally, One Degree Advisors Inc grew its position in shares of Dimensional California Municipal Bond ETF by 4.0% during the 4th quarter. One Degree Advisors Inc now owns 115,162 shares of the company’s stock valued at $5,767,000 after acquiring an additional 4,480 shares during the period.

Dimensional California Municipal Bond ETF Price Performance

Shares of DFCA stock opened at $50.18 on Thursday. Dimensional California Municipal Bond ETF has a 1 year low of $48.93 and a 1 year high of $50.78. The firm has a fifty day moving average price of $50.05 and a 200-day moving average price of $50.19.

About Dimensional California Municipal Bond ETF

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.