Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) Sees Unusually-High Trading Volume – Should You Buy?

Posted by Bonnie Powley on Mar 28th, 2025

Shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM – Get Free Report) saw an uptick in trading volume on Wednesday . 149,867 shares were traded during trading, an increase of 58% from the previous session’s volume of 94,672 shares.The stock last traded at $47.52 and had previously closed at $47.79.

Dimensional National Municipal Bond ETF Stock Performance

The stock’s 50 day moving average price is $47.93 and its 200 day moving average price is $48.06.

Dimensional National Municipal Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were given a dividend of $0.1286 per share. The ex-dividend date of this dividend was Tuesday, March 25th. This is a boost from Dimensional National Municipal Bond ETF’s previous dividend of $0.10.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in DFNM. Principal Securities Inc. acquired a new stake in shares of Dimensional National Municipal Bond ETF in the 4th quarter valued at approximately $40,000. MilWealth Group LLC bought a new stake in Dimensional National Municipal Bond ETF during the fourth quarter worth $96,000. Navigoe LLC acquired a new stake in Dimensional National Municipal Bond ETF in the fourth quarter valued at $194,000. JDH Wealth Management LLC bought a new position in shares of Dimensional National Municipal Bond ETF in the 4th quarter valued at about $207,000. Finally, TRU Independence Asset Management 2 LLC bought a new position in shares of Dimensional National Municipal Bond ETF in the 4th quarter valued at about $240,000.

About Dimensional National Municipal Bond ETF

(Get Free Report)

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.