Envestnet Asset Management Inc. Boosts Stake in Dimensional Short-Duration Fixed Income ETF (NYSEARCA:DFSD)

Envestnet Asset Management Inc. lifted its holdings in Dimensional Short-Duration Fixed Income ETF (NYSEARCA:DFSD) by 6.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,403,944 shares of the company’s stock after purchasing an additional 80,691 shares during the period. Envestnet Asset Management Inc.’s holdings in Dimensional Short-Duration Fixed Income ETF were worth $65,817,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Global Retirement Partners LLC lifted its stake in shares of Dimensional Short-Duration Fixed Income ETF by 30.7% in the fourth quarter. Global Retirement Partners LLC now owns 1,650 shares of the company’s stock worth $77,000 after buying an additional 388 shares in the last quarter. AdvisorNet Financial Inc lifted its stake in shares of Dimensional Short-Duration Fixed Income ETF by 31.4% in the fourth quarter. AdvisorNet Financial Inc now owns 1,710 shares of the company’s stock worth $80,000 after buying an additional 409 shares in the last quarter. Samalin Investment Counsel LLC lifted its stake in shares of Dimensional Short-Duration Fixed Income ETF by 1.5% in the fourth quarter. Samalin Investment Counsel LLC now owns 32,518 shares of the company’s stock worth $1,524,000 after buying an additional 496 shares in the last quarter. HFG Wealth Management LLC lifted its stake in shares of Dimensional Short-Duration Fixed Income ETF by 3.9% in the fourth quarter. HFG Wealth Management LLC now owns 13,507 shares of the company’s stock worth $645,000 after buying an additional 502 shares in the last quarter. Finally, Rialto Wealth Management LLC purchased a new position in Dimensional Short-Duration Fixed Income ETF during the fourth quarter worth about $26,000.

Dimensional Short-Duration Fixed Income ETF Stock Up 0.5 %

Shares of DFSD stock opened at $47.43 on Thursday. The firm’s 50-day moving average is $47.36 and its two-hundred day moving average is $47.28. Dimensional Short-Duration Fixed Income ETF has a 12 month low of $46.61 and a 12 month high of $47.85.

Dimensional Short-Duration Fixed Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were paid a dividend of $0.0979 per share. The ex-dividend date of this dividend was Tuesday, March 25th.

About Dimensional Short-Duration Fixed Income ETF

The Dimensional Short-Duration Fixed Income ETF (DFSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that provides broad exposure to investment-grade debt securities with short duration. DFSD was launched on Nov 15, 2021 and is managed by Dimensional.