Zhang Financial LLC Makes New $578,000 Investment in Dimensional National Municipal Bond ETF $DFNM

Zhang Financial LLC acquired a new position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 12,000 shares of the company’s stock, valued at approximately $578,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Blueline Advisors LLC purchased a new stake in Dimensional National Municipal Bond ETF in the fourth quarter worth about $114,000. Operose Advisors LLC purchased a new stake in Dimensional National Municipal Bond ETF in the fourth quarter worth about $155,000. Savant Capital LLC grew its holdings in Dimensional National Municipal Bond ETF by 357.0% in the fourth quarter. Savant Capital LLC now owns 523,582 shares of the company’s stock worth $25,221,000 after purchasing an additional 409,014 shares during the period. Foundations Investment Advisors LLC grew its holdings in Dimensional National Municipal Bond ETF by 45.5% in the fourth quarter. Foundations Investment Advisors LLC now owns 11,786 shares of the company’s stock worth $568,000 after purchasing an additional 3,688 shares during the period. Finally, Baker Avenue Asset Management LP grew its holdings in Dimensional National Municipal Bond ETF by 6.6% in the fourth quarter. Baker Avenue Asset Management LP now owns 59,776 shares of the company’s stock worth $2,879,000 after purchasing an additional 3,720 shares during the period.

Dimensional National Municipal Bond ETF Stock Performance

Shares of DFNM opened at $48.23 on Friday. Dimensional National Municipal Bond ETF has a fifty-two week low of $47.14 and a fifty-two week high of $48.87. The firm’s 50-day simple moving average is $48.14 and its two-hundred day simple moving average is $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.