Modera Wealth Management LLC Purchases New Holdings in Dimensional National Municipal Bond ETF $DFNM

Modera Wealth Management LLC purchased a new stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 64,921 shares of the company’s stock, valued at approximately $2,988,000.

Other hedge funds have also modified their holdings of the company. Life Planning Partners Inc raised its position in shares of Dimensional National Municipal Bond ETF by 265.3% during the 3rd quarter. Life Planning Partners Inc now owns 35,740 shares of the company’s stock valued at $1,645,000 after purchasing an additional 25,956 shares during the period. Creative Capital Management Investments LLC lifted its stake in shares of Dimensional National Municipal Bond ETF by 12.6% during the 3rd quarter. Creative Capital Management Investments LLC now owns 6,454 shares of the company’s stock valued at $297,000 after buying an additional 722 shares in the last quarter. SpringVest Wealth Management LLC boosted its holdings in Dimensional National Municipal Bond ETF by 51.4% in the 3rd quarter. SpringVest Wealth Management LLC now owns 20,380 shares of the company’s stock worth $938,000 after buying an additional 6,922 shares during the period. Park Avenue Securities LLC bought a new position in Dimensional National Municipal Bond ETF in the 3rd quarter worth $2,662,000. Finally, Blume Capital Management Inc. bought a new position in Dimensional National Municipal Bond ETF in the 3rd quarter worth $1,044,000.

Dimensional National Municipal Bond ETF Stock Performance

Shares of DFNM stock opened at $47.25 on Monday. Dimensional National Municipal Bond ETF has a 52-week low of $45.70 and a 52-week high of $48.87. The stock has a fifty day simple moving average of $46.78 and a two-hundred day simple moving average of $47.88.

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.