Graves Light Lenhart Wealth Inc. Has $17.43 Million Stock Holdings in Dimensional National Municipal Bond ETF $DFNM

Graves Light Lenhart Wealth Inc. lifted its position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 32.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 361,930 shares of the company’s stock after purchasing an additional 87,639 shares during the period. Dimensional National Municipal Bond ETF comprises 1.8% of Graves Light Lenhart Wealth Inc.’s investment portfolio, making the stock its 17th largest holding. Graves Light Lenhart Wealth Inc. owned approximately 0.89% of Dimensional National Municipal Bond ETF worth $17,434,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in DFNM. Focus Partners Wealth raised its holdings in Dimensional National Municipal Bond ETF by 22.9% in the 3rd quarter. Focus Partners Wealth now owns 2,569,749 shares of the company’s stock valued at $123,294,000 after buying an additional 479,262 shares during the last quarter. Truepoint Inc. grew its holdings in Dimensional National Municipal Bond ETF by 8.4% during the 3rd quarter. Truepoint Inc. now owns 2,859,809 shares of the company’s stock worth $137,214,000 after acquiring an additional 221,963 shares during the last quarter. AWM Capital LLC increased its position in Dimensional National Municipal Bond ETF by 38.4% in the 3rd quarter. AWM Capital LLC now owns 653,511 shares of the company’s stock valued at $31,355,000 after acquiring an additional 181,214 shares during the period. Focus Partners Advisor Solutions LLC raised its stake in shares of Dimensional National Municipal Bond ETF by 19.6% during the third quarter. Focus Partners Advisor Solutions LLC now owns 830,728 shares of the company’s stock valued at $39,861,000 after acquiring an additional 136,333 shares during the last quarter. Finally, Sentinel Wealth Management Inc. bought a new position in shares of Dimensional National Municipal Bond ETF during the second quarter valued at $5,079,000.

Dimensional National Municipal Bond ETF Trading Down 0.6%

Shares of NYSEARCA:DFNM opened at $48.06 on Monday. Dimensional National Municipal Bond ETF has a 52 week low of $46.24 and a 52 week high of $48.87. The firm’s fifty day moving average is $48.56 and its 200-day moving average is $48.30.

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.