Root Financial Partners LLC Boosts Stock Position in Dimensional California Municipal Bond ETF $DFCA

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

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DFCA. Elmwood Wealth Management Inc. raised its stake in Dimensional California Municipal Bond ETF by 30.8% during the 4th quarter. Elmwood Wealth Management Inc. now owns 82,164 shares of the company’s stock worth $4,115,000 after acquiring an additional 19,324 shares during the period. HighTower Advisors LLC boosted its position in shares of 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 purchasing an additional 45,281 shares during the period. Mercer Global Advisors Inc. ADV boosted its position in shares of Dimensional California Municipal Bond ETF by 16.7% in the third quarter. Mercer Global Advisors Inc. ADV now owns 5,228,419 shares of the company’s stock worth $260,506,000 after purchasing an additional 749,886 shares during the period. Nautilus Advisors LLC increased its stake in shares of Dimensional California Municipal Bond ETF by 102.3% in the fourth quarter. Nautilus Advisors LLC now owns 20,311 shares of the company’s stock worth $1,017,000 after purchasing an additional 10,270 shares in the last quarter. Finally, One Capital Management LLC increased its stake in shares of Dimensional California Municipal Bond ETF by 27.9% in the fourth quarter. One Capital Management LLC now owns 60,129 shares of the company’s stock worth $3,011,000 after purchasing an additional 13,134 shares in the last quarter.

Dimensional California Municipal Bond ETF Stock Performance

Shares of DFCA stock opened at $50.18 on Thursday. Dimensional California Municipal Bond ETF has a one year low of $48.93 and a one year high of $50.78. The company’s fifty day moving average price is $50.05 and its 200-day moving average price 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.