Dimensional National Municipal Bond ETF $DFNM is RAM Investment Partners LLC’s 8th Largest Position

RAM Investment Partners LLC increased its holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 22.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 509,229 shares of the company’s stock after purchasing an additional 94,581 shares during the period. Dimensional National Municipal Bond ETF accounts for 4.4% of RAM Investment Partners LLC’s investment portfolio, making the stock its 8th biggest position. RAM Investment Partners LLC’s holdings in Dimensional National Municipal Bond ETF were worth $24,530,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Truepoint Inc. grew its position in shares of Dimensional National Municipal Bond ETF by 4.0% in the fourth quarter. Truepoint Inc. now owns 2,974,080 shares of the company’s stock valued at $143,261,000 after purchasing an additional 114,271 shares during the period. Focus Partners Wealth grew its position in shares of Dimensional National Municipal Bond ETF by 22.9% in the third quarter. Focus Partners Wealth now owns 2,569,749 shares of the company’s stock valued at $123,294,000 after purchasing an additional 479,262 shares during the period. Symmetry Partners LLC purchased a new stake in shares of Dimensional National Municipal Bond ETF in the fourth quarter valued at $63,911,000. Sequoia Financial Advisors LLC grew its position in shares of Dimensional National Municipal Bond ETF by 3.9% in the fourth quarter. Sequoia Financial Advisors LLC now owns 849,872 shares of the company’s stock valued at $40,938,000 after purchasing an additional 32,051 shares during the period. Finally, Rather & Kittrell Inc. grew its position in shares of Dimensional National Municipal Bond ETF by 8.5% in the fourth quarter. Rather & Kittrell Inc. now owns 836,954 shares of the company’s stock valued at $40,316,000 after purchasing an additional 65,302 shares during the period.

Dimensional National Municipal Bond ETF Stock Up 0.0%

Shares of NYSEARCA:DFNM opened at $48.28 on Friday. Dimensional National Municipal Bond ETF has a 52 week low of $47.15 and a 52 week high of $48.87. The business has a fifty day simple moving average of $48.20 and a 200-day simple moving average of $48.31.

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.