Dimensional National Municipal Bond ETF $DFNM is 55 North Private Wealth LLC’s 8th Largest Position

55 North Private Wealth LLC increased its stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 78.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 211,718 shares of the company’s stock after purchasing an additional 93,013 shares during the period. Dimensional National Municipal Bond ETF accounts for approximately 2.0% of 55 North Private Wealth LLC’s investment portfolio, making the stock its 8th biggest position. 55 North Private Wealth LLC’s holdings in Dimensional National Municipal Bond ETF were worth $10,233,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Focus Partners Wealth boosted its holdings in Dimensional National Municipal Bond ETF by 42.5% in the 4th quarter. Focus Partners Wealth now owns 3,662,918 shares of the company’s stock worth $176,443,000 after buying an additional 1,093,169 shares during the last quarter. Truepoint Inc. increased its stake in Dimensional National Municipal Bond ETF by 4.0% during the 4th quarter. Truepoint Inc. now owns 2,974,080 shares of the company’s stock worth $143,261,000 after buying an additional 114,271 shares in the last quarter. Foster Group Inc. raised its holdings in shares of Dimensional National Municipal Bond ETF by 1.6% during the second quarter. Foster Group Inc. now owns 1,483,405 shares of the company’s stock valued at $71,700,000 after acquiring an additional 23,179 shares during the last quarter. Symmetry Partners LLC acquired a new position in shares of Dimensional National Municipal Bond ETF during the fourth quarter valued at approximately $63,911,000. Finally, Apella Capital LLC raised its holdings in shares of Dimensional National Municipal Bond ETF by 93.6% during the first quarter. Apella Capital LLC now owns 1,320,176 shares of the company’s stock valued at $63,897,000 after acquiring an additional 638,280 shares during the last quarter.

Dimensional National Municipal Bond ETF Stock Performance

NYSEARCA DFNM opened at $47.79 on Friday. The stock’s 50 day simple moving average is $48.13 and its 200-day simple moving average is $48.27. Dimensional National Municipal Bond ETF has a 1-year low of $47.27 and a 1-year high of $48.87.

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.