Porter White Investment Advisors Inc. Purchases New Holdings in Dimensional National Municipal Bond ETF $DFNM

Porter White Investment Advisors Inc. purchased a new position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 178,249 shares of the company’s stock, valued at approximately $8,205,000. Dimensional National Municipal Bond ETF accounts for 5.1% of Porter White Investment Advisors Inc.’s investment portfolio, making the stock its 5th biggest position. Porter White Investment Advisors Inc. owned approximately 0.37% of Dimensional National Municipal Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Dopkins Wealth Management LLC lifted its stake in shares of Dimensional National Municipal Bond ETF by 9.4% during the 1st quarter. Dopkins Wealth Management LLC now owns 239,917 shares of the company’s stock valued at $11,499,000 after buying an additional 20,573 shares in the last quarter. Andrews Lucia Wealth Management LLC purchased a new stake in Dimensional National Municipal Bond ETF in the 2nd quarter worth $521,000. 55 North Private Wealth LLC increased its stake in Dimensional National Municipal Bond ETF by 78.4% in the 2nd quarter. 55 North Private Wealth LLC now owns 211,718 shares of the company’s stock worth $10,233,000 after buying an additional 93,013 shares in the last quarter. Evanson Financial LLC purchased a new stake in Dimensional National Municipal Bond ETF in the 2nd quarter worth $1,694,000. Finally, Kestra Advisory Services LLC raised its holdings in Dimensional National Municipal Bond ETF by 63.3% during the first quarter. Kestra Advisory Services LLC now owns 47,736 shares of the company’s stock valued at $2,288,000 after acquiring an additional 18,501 shares during the period.

Dimensional National Municipal Bond ETF Price Performance

NYSEARCA:DFNM opened at $46.45 on Thursday. The business’s 50-day simple moving average is $46.98 and its two-hundred day simple moving average is $47.74. Dimensional National Municipal Bond ETF has a 52 week low of $45.70 and a 52 week 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.