Lincoln National Corp Boosts Position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Lincoln National Corp boosted its position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 2.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 37,578 shares of the company’s stock after acquiring an additional 901 shares during the quarter. Lincoln National Corp’s holdings in Dimensional National Municipal Bond ETF were worth $1,823,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Truepoint Inc. boosted its holdings in shares of Dimensional National Municipal Bond ETF by 2,956.7% in the third quarter. Truepoint Inc. now owns 1,869,506 shares of the company’s stock valued at $86,876,000 after purchasing an additional 1,808,346 shares during the period. First Ascent Asset Management LLC raised its stake in Dimensional National Municipal Bond ETF by 5.8% in the third quarter. First Ascent Asset Management LLC now owns 938,343 shares of the company’s stock worth $43,605,000 after buying an additional 51,055 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in Dimensional National Municipal Bond ETF by 9.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 555,237 shares of the company’s stock worth $26,935,000 after buying an additional 46,826 shares in the last quarter. Rather & Kittrell Inc. raised its stake in Dimensional National Municipal Bond ETF by 2.7% in the third quarter. Rather & Kittrell Inc. now owns 451,077 shares of the company’s stock worth $20,962,000 after buying an additional 11,710 shares in the last quarter. Finally, Austin Wealth Management LLC bought a new position in Dimensional National Municipal Bond ETF in the third quarter worth approximately $20,578,000.

Dimensional National Municipal Bond ETF Price Performance

Shares of NYSEARCA DFNM traded up $0.03 during mid-day trading on Wednesday, hitting $47.94. The stock had a trading volume of 5,861 shares, compared to its average volume of 92,436. The company has a 50 day moving average of $47.99 and a two-hundred day moving average of $47.91. Dimensional National Municipal Bond ETF has a twelve month low of $46.10 and a twelve month high of $48.59.

About Dimensional National Municipal Bond ETF

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.