Focus Partners Wealth Raises Stock Position in Dimensional National Municipal Bond ETF $DFNM

Focus Partners Wealth boosted its holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 42.5% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 3,662,918 shares of the company’s stock after buying an additional 1,093,169 shares during the period. Focus Partners Wealth owned 8.89% of Dimensional National Municipal Bond ETF worth $176,443,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of DFNM. Symmetry Partners LLC purchased a new stake in Dimensional National Municipal Bond ETF in the 4th quarter worth $63,911,000. Savant Capital LLC increased its stake in Dimensional National Municipal Bond ETF by 357.0% in the 4th quarter. Savant Capital LLC now owns 523,582 shares of the company’s stock worth $25,221,000 after buying an additional 409,014 shares in the last quarter. Truepoint Inc. increased its stake in Dimensional National Municipal Bond ETF by 8.4% in the 3rd quarter. Truepoint Inc. now owns 2,859,809 shares of the company’s stock worth $137,214,000 after buying an additional 221,963 shares in the last quarter. Guardian Wealth Management LLC purchased a new stake in Dimensional National Municipal Bond ETF in the 4th quarter worth $7,148,000. Finally, 25 LLC increased its stake in Dimensional National Municipal Bond ETF by 214.7% in the 4th quarter. 25 LLC now owns 202,601 shares of the company’s stock worth $9,759,000 after buying an additional 138,229 shares in the last quarter.

Dimensional National Municipal Bond ETF Trading Down 0.0%

Shares of DFNM stock opened at $48.26 on Friday. Dimensional National Municipal Bond ETF has a 52-week low of $47.15 and a 52-week high of $48.87. The stock has a fifty day simple moving average of $48.20 and a two-hundred day simple moving average of $48.31.

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.