Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) Stock Position Reduced by Tortoise Investment Management LLC

Tortoise Investment Management LLC lessened its position in shares of Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) by 45.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,879 shares of the company’s stock after selling 3,201 shares during the period. Tortoise Investment Management LLC owned about 0.07% of Dimensional California Municipal Bond ETF worth $194,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Larson Financial Group LLC bought a new stake in shares of Dimensional California Municipal Bond ETF in the 3rd quarter worth approximately $101,000. Fiduciary Financial Group LLC lifted its holdings 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 purchasing an additional 1,869 shares during the last quarter. RAM Investment Partners LLC lifted its holdings 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 worth $408,000 after purchasing an additional 1,275 shares during the last quarter. Apella Capital LLC bought a new stake in shares of Dimensional California Municipal Bond ETF in the 4th quarter worth approximately $535,000. Finally, Signature Resources Capital Management LLC lifted its holdings in shares of Dimensional California Municipal Bond ETF by 13.4% in the 4th quarter. Signature Resources Capital Management LLC now owns 11,490 shares of the company’s stock worth $575,000 after purchasing an additional 1,362 shares during the last quarter.

Dimensional California Municipal Bond ETF Price Performance

Shares of NYSEARCA DFCA opened at $50.24 on Tuesday. Dimensional California Municipal Bond ETF has a 12-month low of $49.58 and a 12-month high of $51.02. The stock’s 50 day simple moving average is $50.05 and its 200 day simple moving average is $50.32.

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.