Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) Shares Acquired by Oak Wealth Advisors LLC

Oak Wealth Advisors LLC lifted its position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 3.2% during the first quarter, HoldingsChannel.com reports. The fund owned 17,239 shares of the company’s stock after acquiring an additional 536 shares during the period. Dimensional National Municipal Bond ETF makes up 0.6% of Oak Wealth Advisors LLC’s portfolio, making the stock its 23rd largest position. Oak Wealth Advisors LLC’s holdings in Dimensional National Municipal Bond ETF were worth $820,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Sequoia Financial Advisors LLC lifted its holdings in Dimensional National Municipal Bond ETF by 21.4% in the 1st quarter. Sequoia Financial Advisors LLC now owns 744,689 shares of the company’s stock valued at $35,425,000 after purchasing an additional 131,172 shares in the last quarter. Pure Financial Advisors LLC raised its position in shares of Dimensional National Municipal Bond ETF by 6.0% in the first quarter. Pure Financial Advisors LLC now owns 19,273 shares of the company’s stock valued at $917,000 after buying an additional 1,089 shares during the last quarter. Mattern Wealth Management LLC raised its position in shares of Dimensional National Municipal Bond ETF by 7.6% in the first quarter. Mattern Wealth Management LLC now owns 315,341 shares of the company’s stock valued at $15,001,000 after buying an additional 22,253 shares during the last quarter. RAM Investment Partners LLC lifted its stake in shares of Dimensional National Municipal Bond ETF by 5.5% in the first quarter. RAM Investment Partners LLC now owns 426,342 shares of the company’s stock worth $20,281,000 after buying an additional 22,131 shares in the last quarter. Finally, PBMares Wealth Management LLC boosted its position in Dimensional National Municipal Bond ETF by 17.3% during the first quarter. PBMares Wealth Management LLC now owns 489,037 shares of the company’s stock worth $23,263,000 after acquiring an additional 71,979 shares during the last quarter.

Dimensional National Municipal Bond ETF Price Performance

Shares of NYSEARCA DFNM opened at $47.28 on Thursday. Dimensional National Municipal Bond ETF has a 12-month low of $46.24 and a 12-month high of $48.67. The company has a 50-day moving average of $47.25 and a 200 day moving average of $47.60.

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.