Mercer Global Advisors Inc. ADV Buys 749,886 Shares of Dimensional California Municipal Bond ETF $DFCA

Mercer Global Advisors Inc. ADV lifted its stake in Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) by 16.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,228,419 shares of the company’s stock after purchasing an additional 749,886 shares during the period. Mercer Global Advisors Inc. ADV owned 0.47% of Dimensional California Municipal Bond ETF worth $260,506,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of DFCA. Savvy Advisors Inc. bought a new position in Dimensional California Municipal Bond ETF in the 3rd quarter valued at $8,173,000. HighTower Advisors LLC raised its position in shares of Dimensional California Municipal Bond ETF by 14.8% during the third quarter. HighTower Advisors LLC now owns 969,422 shares of the company’s stock worth $48,301,000 after acquiring an additional 125,000 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in shares of Dimensional California Municipal Bond ETF during the third quarter worth $2,277,000. Citrine Capital LLC lifted its stake in shares of Dimensional California Municipal Bond ETF by 3.8% during the third quarter. Citrine Capital LLC now owns 717,136 shares of the company’s stock valued at $35,731,000 after acquiring an additional 25,957 shares during the period. Finally, Jane Street Group LLC lifted its stake in shares of Dimensional California Municipal Bond ETF by 73.3% during the second quarter. Jane Street Group LLC now owns 50,415 shares of the company’s stock valued at $2,484,000 after acquiring an additional 21,325 shares during the period.

Dimensional California Municipal Bond ETF Stock Performance

Dimensional California Municipal Bond ETF stock opened at $50.29 on Tuesday. The business’s 50-day simple moving average is $50.47 and its 200 day simple moving average is $50.16. Dimensional California Municipal Bond ETF has a 12-month low of $47.87 and a 12-month high of $50.78.

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.