SB Capital Management Inc Takes Position in Dimensional California Municipal Bond ETF $DFCA

SB Capital Management Inc purchased a new stake in shares of Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 14,714 shares of the company’s stock, valued at approximately $737,000. SB Capital Management Inc owned approximately 0.11% of Dimensional California Municipal Bond ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV lifted its holdings in Dimensional California Municipal Bond ETF by 17.4% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 6,138,572 shares of the company’s stock worth $307,421,000 after buying an additional 910,153 shares in the last quarter. Vise Technologies Inc. acquired a new stake in shares of Dimensional California Municipal Bond ETF during the fourth quarter valued at about $2,713,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Dimensional California Municipal Bond ETF during the third quarter valued at about $2,277,000. HighTower Advisors LLC increased its position in shares of Dimensional California Municipal Bond ETF by 4.7% during 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 last quarter. Finally, Susquehanna International Group LLP purchased a new stake in shares of Dimensional California Municipal Bond ETF during the third quarter worth about $1,304,000.

Dimensional California Municipal Bond ETF Trading Up 0.3%

NYSEARCA:DFCA opened at $50.21 on Friday. Dimensional California Municipal Bond ETF has a one year low of $48.93 and a one year high of $50.78. The business’s 50-day simple moving average is $50.06 and its 200 day simple moving average is $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.