Dimensional National Municipal Bond ETF $DFNM Shares Purchased by Vestment Financial LLC

Vestment Financial LLC boosted its holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 12.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 320,538 shares of the company’s stock after buying an additional 35,938 shares during the quarter. Dimensional National Municipal Bond ETF makes up about 8.0% of Vestment Financial LLC’s holdings, making the stock its 4th largest position. Vestment Financial LLC owned 0.74% of Dimensional National Municipal Bond ETF worth $15,514,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of DFNM. Geneos Wealth Management Inc. increased its holdings in shares of Dimensional National Municipal Bond ETF by 292.0% in the 1st 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 last quarter. Blueline Advisors LLC acquired a new position in Dimensional National Municipal Bond ETF in the fourth quarter valued at approximately $114,000. Advisory Services Network LLC purchased a new position in Dimensional National Municipal Bond ETF in the third quarter valued at approximately $146,000. Operose Advisors LLC acquired a new stake in Dimensional National Municipal Bond ETF during the fourth quarter worth approximately $155,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Dimensional National Municipal Bond ETF during the 2nd quarter worth approximately $202,000.

Dimensional National Municipal Bond ETF Price Performance

Shares of NYSEARCA DFNM remained flat at $48.23 during mid-day trading on Friday. 86,255 shares of the company were exchanged, compared to its average volume of 165,140. The stock has a 50-day simple moving average of $48.22 and a 200 day simple moving average of $48.33. Dimensional National Municipal Bond ETF has a 1 year low of $47.15 and a 1 year high of $48.87.

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.