marrick wealth LLC Invests $1.26 Million in Dimensional California Municipal Bond ETF $DFCA

marrick wealth LLC bought a new position in Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 25,241 shares of the company’s stock, valued at approximately $1,264,000. Dimensional California Municipal Bond ETF makes up about 1.0% of marrick wealth LLC’s holdings, making the stock its 16th largest holding. marrick wealth LLC owned about 0.20% of Dimensional California Municipal Bond ETF at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Goldman Sachs Group Inc. acquired a new position in shares of Dimensional California Municipal Bond ETF in the 4th quarter worth approximately $251,000. Shore Point Advisors LLC acquired a new position in shares of Dimensional California Municipal Bond ETF in the 4th quarter worth approximately $276,000. Johnson Wealth Management LLC acquired a new position in shares of Dimensional California Municipal Bond ETF in the 4th quarter worth approximately $293,000. Kaizen Financial Strategies raised its holdings in shares of Dimensional California Municipal Bond ETF by 23.8% in the 4th quarter. Kaizen Financial Strategies now owns 5,903 shares of the company’s stock worth $296,000 after buying an additional 1,134 shares in the last quarter. Finally, Brookstone Capital Management raised its holdings in shares of Dimensional California Municipal Bond ETF by 62.2% in the 4th quarter. Brookstone Capital Management now owns 6,984 shares of the company’s stock worth $350,000 after buying an additional 2,679 shares in the last quarter.

Dimensional California Municipal Bond ETF Price Performance

Shares of DFCA opened at $50.10 on Friday. Dimensional California Municipal Bond ETF has a 1 year low of $48.93 and a 1 year high of $50.78. The stock has a 50 day simple moving average of $50.05 and a 200-day simple moving average of $50.19.

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.