Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) Shares Sold by Collective Family Office LLC

Collective Family Office LLC reduced its stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 6.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 154,367 shares of the company’s stock after selling 10,980 shares during the quarter. Dimensional National Municipal Bond ETF comprises about 2.0% of Collective Family Office LLC’s investment portfolio, making the stock its 17th largest holding. Collective Family Office LLC’s holdings in Dimensional National Municipal Bond ETF were worth $7,343,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of DFNM. Truist Financial Corp raised its position in Dimensional National Municipal Bond ETF by 5.3% in the fourth quarter. Truist Financial Corp now owns 49,477 shares of the company’s stock worth $2,364,000 after acquiring an additional 2,487 shares in the last quarter. Citrine Capital LLC purchased a new position in Dimensional National Municipal Bond ETF in the 4th quarter worth about $2,468,000. Aurelius Family Office LLC purchased a new position in Dimensional National Municipal Bond ETF in the 4th quarter worth about $2,871,000. Financial Engines Advisors L.L.C. increased its stake in Dimensional National Municipal Bond ETF by 100.0% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 59,336 shares of the company’s stock worth $2,834,000 after purchasing an additional 29,668 shares in the last quarter. Finally, LPL Financial LLC increased its stake in Dimensional National Municipal Bond ETF by 7.4% in the 4th quarter. LPL Financial LLC now owns 273,334 shares of the company’s stock worth $13,057,000 after purchasing an additional 18,781 shares in the last quarter.

Dimensional National Municipal Bond ETF Stock Down 0.1%

NYSEARCA:DFNM opened at $47.27 on Thursday. Dimensional National Municipal Bond ETF has a fifty-two week low of $46.24 and a fifty-two week high of $48.67. The stock’s 50-day moving average is $47.25 and its two-hundred day moving average is $47.73.

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.