Heffernan Advisory Inc. Acquires 25,930 Shares of Dimensional National Municipal Bond ETF $DFNM

Heffernan Advisory Inc. purchased a new position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 25,930 shares of the company’s stock, valued at approximately $1,194,000. Dimensional National Municipal Bond ETF accounts for about 0.8% of Heffernan Advisory Inc.’s investment portfolio, making the stock its 13th largest position. Heffernan Advisory Inc. owned approximately 0.05% of Dimensional National Municipal Bond ETF at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of DFNM. Apella Capital LLC increased its holdings in Dimensional National Municipal Bond ETF by 6.3% in the 3rd quarter. Apella Capital LLC now owns 1,690,582 shares of the company’s stock valued at $77,885,000 after purchasing an additional 99,676 shares in the last quarter. Foster Group Inc. lifted its position in 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 worth $71,700,000 after acquiring an additional 23,179 shares in the last quarter. Sequoia Financial Advisors LLC boosted its holdings in Dimensional National Municipal Bond ETF by 1.8% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 896,162 shares of the company’s stock worth $43,316,000 after acquiring an additional 16,137 shares during the period. Beaird Harris Wealth Management LLC grew its position in Dimensional National Municipal Bond ETF by 1.4% in the fourth quarter. Beaird Harris Wealth Management LLC now owns 847,860 shares of the company’s stock valued at $40,841,000 after acquiring an additional 11,530 shares in the last quarter. Finally, Graves Light Lenhart Wealth Inc. lifted its position in shares of Dimensional National Municipal Bond ETF by 10.0% during the third quarter. Graves Light Lenhart Wealth Inc. now owns 612,276 shares of the company’s stock worth $28,183,000 after purchasing an additional 55,625 shares in the last quarter.

Dimensional National Municipal Bond ETF Stock Up 0.3%

Shares of Dimensional National Municipal Bond ETF stock traded up $0.14 during trading hours on Tuesday, hitting $46.37. 247,379 shares of the company’s stock traded hands, compared to its average volume of 250,289. The stock has a 50 day simple moving average of $47.03 and a 200-day simple moving average of $47.75. Dimensional National Municipal Bond ETF has a twelve month low of $45.70 and a twelve month 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.