Scratch Capital LLC Boosts Stock Holdings in Dimensional National Municipal Bond ETF $DFNM

Scratch Capital LLC raised its stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 171.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 53,640 shares of the company’s stock after purchasing an additional 33,845 shares during the quarter. Dimensional National Municipal Bond ETF comprises approximately 1.7% of Scratch Capital LLC’s holdings, making the stock its 13th biggest holding. Scratch Capital LLC’s holdings in Dimensional National Municipal Bond ETF were worth $2,574,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in DFNM. Geneos Wealth Management Inc. grew its position in Dimensional National Municipal Bond ETF by 292.0% during the first quarter. Geneos Wealth Management Inc. now owns 1,223 shares of the company’s stock valued at $58,000 after acquiring an additional 911 shares during the period. Nemes Rush Group LLC lifted its stake in shares of Dimensional National Municipal Bond ETF by 40.4% in the 2nd quarter. Nemes Rush Group LLC now owns 1,460 shares of the company’s stock valued at $69,000 after purchasing an additional 420 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Dimensional National Municipal Bond ETF during the 2nd quarter worth about $202,000. Level Financial Advisors acquired a new position in Dimensional National Municipal Bond ETF during the second quarter valued at approximately $274,000. Finally, Seaside Wealth Management Inc. grew its stake in Dimensional National Municipal Bond ETF by 19.3% during the second quarter. Seaside Wealth Management Inc. now owns 6,252 shares of the company’s stock worth $297,000 after buying an additional 1,013 shares during the period.

Dimensional National Municipal Bond ETF Price Performance

Dimensional National Municipal Bond ETF stock opened at $48.11 on Wednesday. The firm has a fifty day moving average of $48.21 and a 200-day moving average of $47.80. Dimensional National Municipal Bond ETF has a 52-week low of $46.24 and a 52-week high of $48.35.

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.