Focus Partners Wealth Buys 479,262 Shares of Dimensional National Municipal Bond ETF $DFNM

Focus Partners Wealth boosted its stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 22.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,569,749 shares of the company’s stock after buying an additional 479,262 shares during the quarter. Focus Partners Wealth owned approximately 6.95% of Dimensional National Municipal Bond ETF worth $123,294,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Truepoint Inc. increased its stake in shares of Dimensional National Municipal Bond ETF by 8.4% in the third quarter. Truepoint Inc. now owns 2,859,809 shares of the company’s stock valued at $137,214,000 after buying an additional 221,963 shares during the period. Beaird Harris Wealth Management LLC raised its position in shares of Dimensional National Municipal Bond ETF by 1.7% during the third quarter. Beaird Harris Wealth Management LLC now owns 836,330 shares of the company’s stock worth $40,127,000 after acquiring an additional 14,342 shares during the last quarter. 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 acquiring an additional 136,333 shares during the period. Sequoia Financial Advisors LLC boosted its holdings in Dimensional National Municipal Bond ETF by 4.6% in the third quarter. Sequoia Financial Advisors LLC now owns 817,821 shares of the company’s stock valued at $39,239,000 after acquiring an additional 36,228 shares during the last quarter. Finally, Pathstone Holdings LLC boosted its holdings in Dimensional National Municipal Bond ETF by 2.3% in the third quarter. Pathstone Holdings LLC now owns 811,864 shares of the company’s stock valued at $38,953,000 after acquiring an additional 18,446 shares during the last quarter.

Dimensional National Municipal Bond ETF Price Performance

NYSEARCA:DFNM opened at $48.38 on Monday. Dimensional National Municipal Bond ETF has a fifty-two week low of $46.24 and a fifty-two week high of $48.87. The company has a 50 day simple moving average of $48.57 and a two-hundred day simple moving average of $48.27.

Dimensional National Municipal Bond ETF Company 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.