Dimensional California Municipal Bond ETF (NYSEARCA:DFCA – Get Free Report) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 65,164 shares, an increase of 405.7% from the August 15th total of 12,885 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 66,724 shares, the days-to-cover ratio is currently 1.0 days.
Hedge Funds Weigh In On Dimensional California Municipal Bond ETF
Large investors have recently bought and sold shares of the stock. 3 Factor Indexing LLC purchased a new position in shares of Dimensional California Municipal Bond ETF in the 2nd quarter worth $170,000. Shearwater Capital LLC increased its stake in Dimensional California Municipal Bond ETF by 12.5% during the second quarter. Shearwater Capital LLC now owns 4,709 shares of the company’s stock worth $236,000 after acquiring an additional 523 shares during the last quarter. Goldman Sachs Group Inc. purchased a new position in shares of Dimensional California Municipal Bond ETF in the 4th quarter worth about $251,000. Independent Financial Group LLC purchased a new position in shares of Dimensional California Municipal Bond ETF in the 1st quarter worth about $259,000. Finally, Corient Private Wealth LLC acquired a new position in shares of Dimensional California Municipal Bond ETF in the 4th quarter valued at about $261,000.
Dimensional California Municipal Bond ETF Stock Performance
Shares of NYSEARCA DFCA traded up $0.06 during trading on Friday, reaching $48.77. The company had a trading volume of 35,803 shares, compared to its average volume of 64,863. Dimensional California Municipal Bond ETF has a twelve month low of $48.66 and a twelve month high of $50.78. The stock has a 50-day moving average price of $49.60 and a two-hundred day moving average price of $49.94.
Dimensional California Municipal Bond ETF Company 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. DFCA was launched on Jun 26, 2023 and is managed by Dimensional.
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