Focus Partners Wealth raised its stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM – Free Report) by 42.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,662,918 shares of the company’s stock after purchasing an additional 1,093,169 shares during the period. Focus Partners Wealth owned 0.09% of Dimensional National Municipal Bond ETF worth $176,443,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Generations Wealth LLC bought a new position in shares of Dimensional National Municipal Bond ETF during the 4th quarter valued at about $734,000. Kestra Advisory Services LLC bought a new position in shares of Dimensional National Municipal Bond ETF during the 4th quarter valued at about $1,408,000. Burton Enright Welch bought a new position in shares of Dimensional National Municipal Bond ETF during the 4th quarter valued at about $514,000. Inspire Advisors LLC bought a new position in shares of Dimensional National Municipal Bond ETF during the 4th quarter valued at about $347,000. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of Dimensional National Municipal Bond ETF by 344.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 16,901 shares of the company’s stock valued at $814,000 after purchasing an additional 13,097 shares during the last quarter.
Dimensional National Municipal Bond ETF Price Performance
DFNM opened at $48.26 on Friday. The firm has a 50-day simple moving average of $48.20 and a two-hundred day simple moving average of $48.31. Dimensional National Municipal Bond ETF has a 52 week low of $47.15 and a 52 week 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.
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