Dimensional National Municipal Bond ETF $DFNM Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lowered its stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 7.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 353,484 shares of the company’s stock after selling 30,342 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.98% of Dimensional National Municipal Bond ETF worth $16,981,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. LJI Wealth Management LLC grew its position in Dimensional National Municipal Bond ETF by 2.4% during the 2nd quarter. LJI Wealth Management LLC now owns 9,043 shares of the company’s stock worth $429,000 after purchasing an additional 212 shares during the last quarter. Truist Financial Corp lifted its stake in shares of Dimensional National Municipal Bond ETF by 0.5% during the second quarter. Truist Financial Corp now owns 50,665 shares of the company’s stock worth $2,403,000 after buying an additional 227 shares during the period. Glass Jacobson Investment Advisors llc lifted its stake in shares of Dimensional National Municipal Bond ETF by 3.5% during the second quarter. Glass Jacobson Investment Advisors llc now owns 8,840 shares of the company’s stock worth $419,000 after buying an additional 299 shares during the period. Pure Financial Advisors LLC grew its holdings in shares of Dimensional National Municipal Bond ETF by 0.8% during the third quarter. Pure Financial Advisors LLC now owns 38,661 shares of the company’s stock valued at $1,855,000 after buying an additional 310 shares during the last quarter. Finally, Sterling Wealth Advisors Inc increased its position in shares of Dimensional National Municipal Bond ETF by 2.1% in the 3rd quarter. Sterling Wealth Advisors Inc now owns 18,461 shares of the company’s stock valued at $891,000 after acquiring an additional 375 shares during the period.

Dimensional National Municipal Bond ETF Stock Down 0.0%

Shares of DFNM opened at $48.39 on Friday. The stock has a 50-day moving average of $48.25 and a two-hundred day moving average of $47.94. Dimensional National Municipal Bond ETF has a one year low of $46.24 and a one year high of $48.54.

Dimensional National Municipal Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, January 23rd. Investors of record on Wednesday, January 21st will be given a $0.0419 dividend. The ex-dividend date is Wednesday, January 21st. This represents a c) dividend on an annualized basis and a yield of 1.0%.

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.