Commonwealth Equity Services LLC Buys 4,322 Shares of Dimensional California Municipal Bond ETF (NYSEARCA:DFCA)

Commonwealth Equity Services LLC raised its stake in shares of Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) by 9.2% during the fourth quarter, Holdings Channel reports. The firm owned 51,453 shares of the company’s stock after buying an additional 4,322 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Dimensional California Municipal Bond ETF were worth $2,575,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Farther Finance Advisors LLC purchased a new position in shares of Dimensional California Municipal Bond ETF during the fourth quarter valued at about $70,000. Larson Financial Group LLC bought a new stake in Dimensional California Municipal Bond ETF during the 3rd quarter valued at approximately $101,000. Parkworth Wealth Management Inc. purchased a new position in shares of Dimensional California Municipal Bond ETF during the 4th quarter worth approximately $167,000. Fiduciary Financial Group LLC raised its position 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 acquiring an additional 1,869 shares in the last quarter. Finally, RAM Investment Partners LLC lifted its stake in shares of Dimensional California Municipal Bond ETF by 18.6% in 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 period.

Dimensional California Municipal Bond ETF Stock Performance

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 twelve month low of $49.49 and a twelve month high of $51.02.

Dimensional California Municipal Bond ETF Increases Dividend

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

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.