Envestnet Asset Management Inc. Grows Position in Dimensional California Municipal Bond ETF (NYSEARCA:DFCA)

Envestnet Asset Management Inc. boosted its stake in shares of Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) by 9.5% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,275,552 shares of the company’s stock after acquiring an additional 370,761 shares during the period. Envestnet Asset Management Inc. owned 79.18% of Dimensional California Municipal Bond ETF worth $213,991,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Jane Street Group LLC bought a new position in shares of Dimensional California Municipal Bond ETF during the 3rd quarter valued at approximately $1,683,000. Elmwood Wealth Management Inc. bought a new position in Dimensional California Municipal Bond ETF during the fourth quarter valued at $880,000. Fiduciary Financial Group LLC grew its stake 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 buying an additional 1,869 shares in the last quarter. Apella Capital LLC bought a new stake in shares of Dimensional California Municipal Bond ETF in the 4th quarter worth about $535,000. Finally, True Link Financial Advisors LLC increased its holdings in shares of Dimensional California Municipal Bond ETF by 9.7% in the 4th quarter. True Link Financial Advisors LLC now owns 13,110 shares of the company’s stock worth $656,000 after buying an additional 1,160 shares during the last quarter.

Dimensional California Municipal Bond ETF Stock Up 0.0 %

Shares of NYSEARCA:DFCA opened at $49.83 on Monday. The company has a 50-day moving average price of $50.01 and a 200 day moving average price of $50.21. Dimensional California Municipal Bond ETF has a 12 month low of $49.35 and a 12 month high of $51.02.

Dimensional California Municipal Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were paid a dividend of $0.1394 per share. This is a positive change from Dimensional California Municipal Bond ETF’s previous dividend of $0.12. The ex-dividend date of this dividend was Tuesday, March 25th.

Dimensional California Municipal Bond ETF Profile

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.