SB Capital Management Inc Invests $737,000 in Dimensional California Municipal Bond ETF $DFCA

SB Capital Management Inc purchased a new position in Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 14,714 shares of the company’s stock, valued at approximately $737,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Goldman Sachs Group Inc. bought a new position in Dimensional California Municipal Bond ETF during the 4th quarter valued at $251,000. Corient Private Wealth LLC acquired a new position in Dimensional California Municipal Bond ETF during the 4th quarter worth $261,000. Shore Point Advisors LLC bought a new stake in shares of Dimensional California Municipal Bond ETF in the 4th quarter worth about $276,000. Johnson Wealth Management LLC bought a new stake in shares of Dimensional California Municipal Bond ETF in the 4th quarter worth about $293,000. Finally, Kaizen Financial Strategies raised its stake in shares of Dimensional California Municipal Bond ETF by 23.8% in the 4th quarter. Kaizen Financial Strategies now owns 5,903 shares of the company’s stock valued at $296,000 after purchasing an additional 1,134 shares in the last quarter.

Dimensional California Municipal Bond ETF Stock Up 0.3%

Shares of DFCA stock 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 company’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.