Savant Capital LLC Raises Position in Dimensional National Municipal Bond ETF $DFNM

Savant Capital LLC grew its holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 284.1% in the third quarter, Holdings Channel reports. The firm owned 114,568 shares of the company’s stock after buying an additional 84,741 shares during the quarter. Savant Capital LLC’s holdings in Dimensional National Municipal Bond ETF were worth $5,497,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Geneos Wealth Management Inc. grew its holdings in shares of Dimensional National Municipal Bond ETF by 292.0% in the first quarter. Geneos Wealth Management Inc. now owns 1,223 shares of the company’s stock worth $58,000 after acquiring an additional 911 shares during the period. Nemes Rush Group LLC grew its stake in shares of Dimensional National Municipal Bond ETF by 40.4% during the 2nd quarter. Nemes Rush Group LLC now owns 1,460 shares of the company’s stock valued at $69,000 after acquiring an additional 420 shares during the period. CWM LLC boosted its position in shares of Dimensional National Municipal Bond ETF by 143.7% in the third quarter. CWM LLC now owns 2,052 shares of the company’s stock worth $98,000 after purchasing an additional 1,210 shares during the period. Raymond James Financial Inc. bought a new position in Dimensional National Municipal Bond ETF in the 2nd quarter worth $202,000. Finally, Creative Capital Management Investments LLC boosted its stake in shares of Dimensional National Municipal Bond ETF by 29.7% in the third quarter. Creative Capital Management Investments LLC now owns 5,732 shares of the company’s stock worth $275,000 after acquiring an additional 1,311 shares during the period.

Dimensional National Municipal Bond ETF Price Performance

DFNM stock opened at $48.67 on Friday. The company’s fifty day moving average price is $48.31 and its 200-day moving average price is $48.02. Dimensional National Municipal Bond ETF has a one year low of $46.24 and a one year high of $48.67.

Dimensional National Municipal Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Wednesday, January 21st were paid a dividend of $0.0419 per share. This represents a c) annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Wednesday, January 21st.

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.