Elmwood Wealth Management Inc. Increases Stock Position in Dimensional California Municipal Bond ETF $DFCA

Elmwood Wealth Management Inc. increased its holdings in Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) by 30.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 82,164 shares of the company’s stock after buying an additional 19,324 shares during the period. Dimensional California Municipal Bond ETF accounts for 1.3% of Elmwood Wealth Management Inc.’s investment portfolio, making the stock its 23rd biggest position. Elmwood Wealth Management Inc. owned approximately 0.68% of Dimensional California Municipal Bond ETF worth $4,115,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of DFCA. Citrine Capital LLC raised its holdings in Dimensional California Municipal Bond ETF by 3.8% during the 3rd quarter. Citrine Capital LLC now owns 717,136 shares of the company’s stock valued at $35,731,000 after acquiring an additional 25,957 shares during the period. One Degree Advisors Inc boosted its holdings in shares of Dimensional California Municipal Bond ETF by 16.3% in the third quarter. One Degree Advisors Inc now owns 110,682 shares of the company’s stock worth $5,514,000 after acquiring an additional 15,526 shares during the period. Scratch Capital LLC purchased a new position in shares of Dimensional California Municipal Bond ETF in the third quarter valued at $674,000. WESPAC Advisors SoCal LLC purchased a new position in shares of Dimensional California Municipal Bond ETF in the third quarter valued at $768,000. Finally, HighTower Advisors LLC raised its stake in shares of Dimensional California Municipal Bond ETF by 14.8% during the 3rd quarter. HighTower Advisors LLC now owns 969,422 shares of the company’s stock valued at $48,301,000 after purchasing an additional 125,000 shares during the period.

Dimensional California Municipal Bond ETF Price Performance

Shares of DFCA opened at $50.01 on Monday. The stock’s 50-day simple moving average is $50.46 and its 200 day simple moving average is $50.19. Dimensional California Municipal Bond ETF has a 52-week low of $47.87 and a 52-week high of $50.78.

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.