White Wing Wealth Management Boosts Stake in Dimensional National Municipal Bond ETF $DFNM

White Wing Wealth Management increased its position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 288.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,648 shares of the company’s stock after buying an additional 27,220 shares during the period. Dimensional National Municipal Bond ETF accounts for about 0.9% of White Wing Wealth Management’s investment portfolio, making the stock its 17th biggest position. White Wing Wealth Management’s holdings in Dimensional National Municipal Bond ETF were worth $1,771,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Focus Partners Wealth grew its holdings in Dimensional National Municipal Bond ETF by 42.5% during the 4th quarter. Focus Partners Wealth now owns 3,662,918 shares of the company’s stock valued at $176,443,000 after buying an additional 1,093,169 shares in the last quarter. Truepoint Inc. raised its holdings in shares of Dimensional National Municipal Bond ETF by 4.0% during the 4th quarter. Truepoint Inc. now owns 2,974,080 shares of the company’s stock worth $143,261,000 after acquiring an additional 114,271 shares in the last quarter. Apella Capital LLC boosted its position in shares of Dimensional National Municipal Bond ETF by 20.5% during the 2nd quarter. Apella Capital LLC now owns 1,590,906 shares of the company’s stock valued at $76,814,000 after acquiring an additional 270,730 shares during the last quarter. Foster Group Inc. boosted its position in shares of Dimensional National Municipal Bond ETF by 1.6% during the 2nd quarter. Foster Group Inc. now owns 1,483,405 shares of the company’s stock valued at $71,700,000 after acquiring an additional 23,179 shares during the last quarter. Finally, Symmetry Partners LLC purchased a new position in shares of Dimensional National Municipal Bond ETF in the fourth quarter valued at $63,911,000.

Dimensional National Municipal Bond ETF Stock Performance

Shares of DFNM opened at $47.85 on Friday. The company’s fifty day moving average is $48.12 and its 200 day moving average is $48.27. Dimensional National Municipal Bond ETF has a fifty-two week low of $47.27 and a fifty-two week high of $48.87.

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.