Phillips Financial Management LLC Sells 15,379 Shares of Dimensional National Municipal Bond ETF $DFNM

Phillips Financial Management LLC lowered its holdings in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 41.9% in the 2nd quarter, Holdings Channel.com reports. The firm owned 21,347 shares of the company’s stock after selling 15,379 shares during the quarter. Phillips Financial Management LLC’s holdings in Dimensional National Municipal Bond ETF were worth $1,012,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of DFNM. Citrine Capital LLC lifted its position in Dimensional National Municipal Bond ETF by 106.6% during the first quarter. Citrine Capital LLC now owns 106,763 shares of the company’s stock valued at $5,079,000 after purchasing an additional 55,092 shares during the last quarter. Helen Stephens Group LLC lifted its position in Dimensional National Municipal Bond ETF by 13.7% during the first quarter. Helen Stephens Group LLC now owns 46,034 shares of the company’s stock valued at $2,190,000 after purchasing an additional 5,538 shares during the last quarter. PBMares Wealth Management LLC lifted its position in Dimensional National Municipal Bond ETF by 17.3% during the first quarter. PBMares Wealth Management LLC now owns 489,037 shares of the company’s stock valued at $23,263,000 after purchasing an additional 71,979 shares during the last quarter. RAM Investment Partners LLC lifted its position in Dimensional National Municipal Bond ETF by 5.5% during the first quarter. RAM Investment Partners LLC now owns 426,342 shares of the company’s stock valued at $20,281,000 after purchasing an additional 22,131 shares during the last quarter. Finally, Mattern Wealth Management LLC lifted its position in Dimensional National Municipal Bond ETF by 7.6% during the first quarter. Mattern Wealth Management LLC now owns 315,341 shares of the company’s stock valued at $15,001,000 after purchasing an additional 22,253 shares during the last quarter.

Dimensional National Municipal Bond ETF Stock Performance

Dimensional National Municipal Bond ETF stock opened at $48.16 on Wednesday. The firm has a 50-day moving average price of $47.84 and a 200-day moving average price of $47.46. Dimensional National Municipal Bond ETF has a 12-month low of $46.24 and a 12-month high of $48.49.

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.