First Horizon Advisors Inc. Purchases New Holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

First Horizon Advisors Inc. acquired a new stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 922 shares of the company’s stock, valued at approximately $45,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Aptus Capital Advisors LLC bought a new position in shares of Dimensional National Municipal Bond ETF during the second quarter worth about $29,000. City State Bank bought a new position in Dimensional National Municipal Bond ETF during the 2nd quarter worth approximately $50,000. SJS Investment Consulting Inc. grew its position in shares of Dimensional National Municipal Bond ETF by 245.4% in the 2nd quarter. SJS Investment Consulting Inc. now owns 1,568 shares of the company’s stock worth $75,000 after acquiring an additional 1,114 shares in the last quarter. Dopkins Wealth Management LLC acquired a new position in shares of Dimensional National Municipal Bond ETF in the 3rd quarter worth approximately $200,000. Finally, B.O.S.S. Retirement Advisors LLC bought a new stake in shares of Dimensional National Municipal Bond ETF in the 3rd quarter valued at approximately $219,000.

Dimensional National Municipal Bond ETF Stock Performance

Shares of DFNM opened at $48.09 on Monday. The business’s fifty day moving average price is $48.21 and its 200 day moving average price is $48.08. Dimensional National Municipal Bond ETF has a 12-month low of $47.37 and a 12-month high of $48.67.

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.