This paper presents a technique to enhance in-band mismatch noise reduction of multi-stage second order Dynamic Element Matching (DEM) in multi-level ΔΣ Digital-to-Analog Converters (DACs). The presented technique changes an operational behavior of multi-stage DEM to reduce mismatch noise at in-band frequency. This change improves mismatch noise shaping performance for small amplitude input signals. Simulation result using 2-stage second order DEM and a third order 17-level ΔΣ modulator with 0.5% analog element mismatch shows 3.4dB dynamic range improvement.