Evanson Financial LLC Makes New $1.69 Million Investment in Dimensional National Municipal Bond ETF $DFNM

Evanson Financial LLC purchased a new stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 35,042 shares of the company’s stock, valued at approximately $1,694,000. Evanson Financial LLC owned about 0.08% of Dimensional National Municipal Bond ETF at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Geneos Wealth Management Inc. boosted its stake in Dimensional National Municipal Bond ETF by 292.0% during the 1st 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 last quarter. Blueline Advisors LLC bought a new stake in Dimensional National Municipal Bond ETF in the fourth quarter valued at approximately $114,000. Advisory Services Network LLC acquired a new stake in Dimensional National Municipal Bond ETF in the third quarter worth $146,000. Operose Advisors LLC acquired a new stake in Dimensional National Municipal Bond ETF in the fourth quarter worth $155,000. Finally, Raymond James Financial Inc. bought a new position in shares of Dimensional National Municipal Bond ETF during the second quarter worth $202,000.

Dimensional National Municipal Bond ETF Price Performance

Shares of DFNM stock opened at $47.79 on Friday. Dimensional National Municipal Bond ETF has a 12-month low of $47.27 and a 12-month high of $48.87. The firm has a fifty day moving average of $48.13 and a 200-day moving average of $48.27.

Dimensional National Municipal Bond ETF 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.