Tillman Hartley LLC Has $3.55 Million Position in Dimensional National Municipal Bond ETF $DFNM

Tillman Hartley LLC boosted its stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 37.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 73,891 shares of the company’s stock after purchasing an additional 20,210 shares during the quarter. Dimensional National Municipal Bond ETF comprises 0.9% of Tillman Hartley LLC’s portfolio, making the stock its 27th largest holding. Tillman Hartley LLC owned approximately 0.20% of Dimensional National Municipal Bond ETF worth $3,545,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DFNM. Focus Partners Advisor Solutions LLC lifted its stake in shares of Dimensional National Municipal Bond ETF by 19.6% in the third quarter. Focus Partners Advisor Solutions LLC now owns 830,728 shares of the company’s stock worth $39,861,000 after buying an additional 136,333 shares during the last quarter. Pinnacle Financial Group LLC IL acquired a new position in Dimensional National Municipal Bond ETF in the 3rd quarter valued at $299,000. Mosaic Family Wealth Partners LLC acquired a new position in Dimensional National Municipal Bond ETF in the 3rd quarter valued at $486,000. HFM Investment Advisors LLC raised its holdings in Dimensional National Municipal Bond ETF by 1.4% in the 3rd quarter. HFM Investment Advisors LLC now owns 375,124 shares of the company’s stock worth $17,998,000 after acquiring an additional 5,048 shares during the period. Finally, MAI Capital Management bought a new position in Dimensional National Municipal Bond ETF in the 3rd quarter worth $36,000.

Dimensional National Municipal Bond ETF Price Performance

Dimensional National Municipal Bond ETF stock opened at $48.59 on Wednesday. Dimensional National Municipal Bond ETF has a fifty-two week low of $46.24 and a fifty-two week high of $48.87. The firm has a fifty day moving average price of $48.51 and a two-hundred day moving average price of $48.20.

Dimensional National Municipal Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 20th. Investors of record on Wednesday, February 18th were given a dividend of $0.1025 per share. The ex-dividend date of this dividend was Wednesday, February 18th. This represents a c) annualized dividend and a dividend yield of 2.5%. This is a boost from Dimensional National Municipal Bond ETF’s previous monthly dividend of $0.04.

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.