Verus Financial Partners Inc. Increases Holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Verus Financial Partners Inc. increased its position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 5.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 73,574 shares of the company’s stock after acquiring an additional 3,603 shares during the quarter. Dimensional National Municipal Bond ETF accounts for about 0.4% of Verus Financial Partners Inc.’s investment portfolio, making the stock its 19th biggest holding. Verus Financial Partners Inc.’s holdings in Dimensional National Municipal Bond ETF were worth $3,544,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Dimensional National Municipal Bond ETF Price Performance

Shares of NYSEARCA:DFNM traded up $0.02 during midday trading on Thursday, reaching $47.94. 12,568 shares of the company were exchanged, compared to its average volume of 92,027. The business’s fifty day moving average is $47.98 and its two-hundred day moving average is $47.91. Dimensional National Municipal Bond ETF has a one year low of $46.10 and a one year high of $48.59.

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.