CPA Asset Management LLC Has $489,000 Stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

CPA Asset Management LLC raised its position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 11.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,083 shares of the company’s stock after purchasing an additional 1,030 shares during the period. CPA Asset Management LLC’s holdings in Dimensional National Municipal Bond ETF were worth $489,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in DFNM. Truepoint Inc. raised its position in Dimensional National Municipal Bond ETF by 2,956.7% during the third quarter. Truepoint Inc. now owns 1,869,506 shares of the company’s stock valued at $86,876,000 after purchasing an additional 1,808,346 shares in the last quarter. Jane Street Group LLC raised its position in Dimensional National Municipal Bond ETF by 1,131.9% during the second quarter. Jane Street Group LLC now owns 718,009 shares of the company’s stock valued at $34,515,000 after purchasing an additional 659,723 shares in the last quarter. Austin Wealth Management LLC acquired a new position in Dimensional National Municipal Bond ETF during the third quarter valued at approximately $20,578,000. Graves Light Lenhart Wealth Inc. raised its position in Dimensional National Municipal Bond ETF by 108.2% during the third quarter. Graves Light Lenhart Wealth Inc. now owns 393,370 shares of the company’s stock valued at $18,209,000 after purchasing an additional 204,464 shares in the last quarter. Finally, Savant Capital LLC bought a new stake in shares of Dimensional National Municipal Bond ETF during the third quarter worth $8,156,000.

Dimensional National Municipal Bond ETF Stock Performance

Shares of NYSEARCA DFNM traded down $0.01 during midday trading on Thursday, reaching $48.07. 17,612 shares of the company were exchanged, compared to its average volume of 94,348. The stock’s 50-day moving average price is $48.24 and its 200-day moving average price is $47.67. Dimensional National Municipal Bond ETF has a one year low of $46.10 and a one year high of $48.64.

Dimensional National Municipal Bond ETF Company Profile

The Dimensional National Municipal Bond ETF (DFNM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that provides exposure to intermediate-term, investment-grade municipal bonds that are exempt from federal income tax. DFNM was launched on Dec 15, 2021 and is managed by Dimensional.