Dimensional National Municipal Bond ETF $DFNM Stock: Landmark Wealth Management LLC Reduces Position

Landmark Wealth Management LLC trimmed its position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 65.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 12,234 shares of the company’s stock after selling 23,489 shares during the quarter. Landmark Wealth Management LLC’s holdings in Dimensional National Municipal Bond ETF were worth $563,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Navigoe LLC raised its stake in shares of Dimensional National Municipal Bond ETF by 5.6% in the first quarter. Navigoe LLC now owns 4,309 shares of the company’s stock valued at $206,000 after buying an additional 227 shares during the period. Henrickson Nauta Wealth Advisors Inc. purchased a new position in shares of Dimensional National Municipal Bond ETF during the 2nd quarter valued at $229,000. Quantinno Capital Management LP purchased a new position in shares of Dimensional National Municipal Bond ETF during the 1st quarter valued at $246,000. Arkadios Wealth Advisors bought a new position in shares of Dimensional National Municipal Bond ETF during the 1st quarter worth $250,000. Finally, KFG Wealth Management LLC grew its stake in shares of Dimensional National Municipal Bond ETF by 10.1% during the 3rd quarter. KFG Wealth Management LLC now owns 6,025 shares of the company’s stock worth $277,000 after acquiring an additional 553 shares during the period.

Dimensional National Municipal Bond ETF Price Performance

Shares of DFNM opened at $47.60 on Monday. The business has a 50-day moving average of $46.76 and a 200 day moving average of $47.85. Dimensional National Municipal Bond ETF has a fifty-two week low of $45.70 and a fifty-two week high of $48.87.

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.