Dimensional National Municipal Bond ETF $DFNM Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC cut its holdings in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 7.9% in the third quarter, HoldingsChannel reports. The firm owned 353,484 shares of the company’s stock after selling 30,342 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Dimensional National Municipal Bond ETF were worth $16,981,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Aspiriant LLC raised its stake in shares of Dimensional National Municipal Bond ETF by 4,541.4% during the 2nd quarter. Aspiriant LLC now owns 347,452 shares of the company’s stock valued at $16,480,000 after buying an additional 339,966 shares during the last quarter. Mattern Wealth Management LLC raised its position in Dimensional National Municipal Bond ETF by 75.6% during the second quarter. Mattern Wealth Management LLC now owns 553,864 shares of the company’s stock valued at $26,270,000 after acquiring an additional 238,523 shares in the last quarter. AWM Capital LLC lifted its holdings in Dimensional National Municipal Bond ETF by 37.4% in the second quarter. AWM Capital LLC now owns 472,297 shares of the company’s stock valued at $22,401,000 after acquiring an additional 128,608 shares during the period. Sentinel Wealth Management Inc. acquired a new position in Dimensional National Municipal Bond ETF in the second quarter valued at approximately $5,079,000. Finally, Plancorp LLC boosted its position in Dimensional National Municipal Bond ETF by 158.6% in the 2nd quarter. Plancorp LLC now owns 164,192 shares of the company’s stock worth $7,788,000 after purchasing an additional 100,705 shares in the last quarter.

Dimensional National Municipal Bond ETF Stock Down 0.0%

Shares of NYSEARCA DFNM opened at $48.39 on Friday. The firm’s 50 day simple moving average is $48.25 and its 200-day simple moving average is $47.94. Dimensional National Municipal Bond ETF has a 12 month low of $46.24 and a 12 month high of $48.54.

Dimensional National Municipal Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 23rd. Shareholders of record on Wednesday, January 21st will be issued a $0.0419 dividend. The ex-dividend date of this dividend is Wednesday, January 21st. This represents a c) dividend on an annualized basis and a yield of 1.0%.

About Dimensional National Municipal Bond ETF

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.