Dimensional National Municipal Bond ETF $DFNM Shares Newly Purchased by Heffernan Advisory Inc.

Heffernan Advisory Inc. bought a new stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the 3rd quarter, HoldingsChannel reports. The fund bought 25,930 shares of the company’s stock, valued at approximately $1,194,000. Dimensional National Municipal Bond ETF comprises 0.8% of Heffernan Advisory Inc.’s portfolio, making the stock its 13th biggest position.

Several other institutional investors and hedge funds also recently modified their holdings of DFNM. Friday Financial increased its stake in shares of Dimensional National Municipal Bond ETF by 294.2% during the third quarter. Friday Financial now owns 65,899 shares of the company’s stock valued at $3,047,000 after acquiring an additional 49,182 shares during the period. Graves Light Lenhart Wealth Inc. lifted its holdings in shares of Dimensional National Municipal Bond ETF by 10.0% in the third quarter. Graves Light Lenhart Wealth Inc. now owns 612,276 shares of the company’s stock valued at $28,183,000 after buying an additional 55,625 shares during the period. Farther Finance Advisors LLC boosted its stake in Dimensional National Municipal Bond ETF by 53.7% during the third quarter. Farther Finance Advisors LLC now owns 59,157 shares of the company’s stock valued at $2,723,000 after buying an additional 20,677 shares in the last quarter. Apella Capital LLC raised its position in Dimensional National Municipal Bond ETF by 6.3% in the third quarter. Apella Capital LLC now owns 1,690,582 shares of the company’s stock worth $77,885,000 after acquiring an additional 99,676 shares in the last quarter. Finally, Roth Financial Partners LLC acquired a new stake in Dimensional National Municipal Bond ETF in the 3rd quarter valued at about $341,000.

Dimensional National Municipal Bond ETF Stock Up 0.3%

DFNM stock traded up $0.14 on Tuesday, hitting $46.37. 247,379 shares of the company’s stock traded hands, compared to its average volume of 250,289. Dimensional National Municipal Bond ETF has a 1-year low of $45.70 and a 1-year high of $48.87. The stock has a fifty day moving average of $47.03 and a 200-day moving average of $47.75.

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.