Commonwealth Equity Services LLC Raises Position in Dimensional California Municipal Bond ETF (NYSEARCA:DFCA)

Commonwealth Equity Services LLC boosted its holdings in shares of Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) by 9.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 51,453 shares of the company’s stock after buying an additional 4,322 shares during the period. Commonwealth Equity Services LLC owned approximately 0.95% of Dimensional California Municipal Bond ETF worth $2,575,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC purchased a new stake in shares of Dimensional California Municipal Bond ETF during the 4th quarter valued at $70,000. Larson Financial Group LLC purchased a new stake in Dimensional California Municipal Bond ETF during the third quarter valued at about $101,000. Parkworth Wealth Management Inc. bought a new stake in Dimensional California Municipal Bond ETF during the fourth quarter worth about $167,000. Fiduciary Financial Group LLC boosted its holdings in shares of Dimensional California Municipal Bond ETF by 35.0% in the 4th quarter. Fiduciary Financial Group LLC now owns 7,205 shares of the company’s stock worth $359,000 after purchasing an additional 1,869 shares in the last quarter. Finally, RAM Investment Partners LLC increased its position in shares of Dimensional California Municipal Bond ETF by 18.6% during the 4th quarter. RAM Investment Partners LLC now owns 8,144 shares of the company’s stock valued at $408,000 after purchasing an additional 1,275 shares during the last quarter.

Dimensional California Municipal Bond ETF Price Performance

Shares of NYSEARCA DFCA opened at $49.51 on Thursday. The stock’s 50-day moving average is $50.05 and its 200 day moving average is $50.27. Dimensional California Municipal Bond ETF has a 1-year low of $49.49 and a 1-year high of $51.02.

Dimensional California Municipal Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th will be issued a $0.1394 dividend. This is a positive change from Dimensional California Municipal Bond ETF’s previous dividend of $0.12. The ex-dividend date is Tuesday, March 25th.

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.