Dimensional National Municipal Bond ETF $DFNM Stake Decreased by RAM Investment Partners LLC

RAM Investment Partners LLC lessened its position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 21.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 335,907 shares of the company’s stock after selling 90,435 shares during the quarter. Dimensional National Municipal Bond ETF accounts for 3.3% of RAM Investment Partners LLC’s portfolio, making the stock its 8th largest position. RAM Investment Partners LLC’s holdings in Dimensional National Municipal Bond ETF were worth $15,932,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the company. Truepoint Inc. lifted its stake in Dimensional National Municipal Bond ETF by 1.3% in the first quarter. Truepoint Inc. now owns 2,735,267 shares of the company’s stock worth $130,117,000 after purchasing an additional 35,169 shares during the last quarter. Focus Partners Wealth grew its position in Dimensional National Municipal Bond ETF by 3.8% in the 1st quarter. Focus Partners Wealth now owns 2,001,930 shares of the company’s stock valued at $95,232,000 after acquiring an additional 73,017 shares during the last quarter. Foster Group Inc. increased its stake in Dimensional National Municipal Bond ETF by 36.1% in the second quarter. Foster Group Inc. now owns 1,503,402 shares of the company’s stock worth $71,306,000 after purchasing an additional 399,029 shares during the period. Sequoia Financial Advisors LLC increased its stake in Dimensional National Municipal Bond ETF by 5.0% in the second quarter. Sequoia Financial Advisors LLC now owns 781,593 shares of the company’s stock worth $37,071,000 after purchasing an additional 36,904 shares during the period. Finally, Focus Partners Advisor Solutions LLC lifted its position in shares of Dimensional National Municipal Bond ETF by 63.9% during the first quarter. Focus Partners Advisor Solutions LLC now owns 767,754 shares of the company’s stock worth $36,522,000 after purchasing an additional 299,407 shares during the last quarter.

Dimensional National Municipal Bond ETF Price Performance

Shares of DFNM opened at $48.28 on Friday. The firm has a fifty day moving average price of $48.12 and a 200-day moving average price of $47.61. Dimensional National Municipal Bond ETF has a 12-month low of $46.24 and a 12-month high of $48.49.

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.