Tandemgrowth Financial Advisors LLC Purchases New Shares in Dimensional National Municipal Bond ETF $DFNM

Tandemgrowth Financial Advisors LLC purchased a new stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 55,824 shares of the company’s stock, valued at approximately $2,689,000. Dimensional National Municipal Bond ETF makes up approximately 2.3% of Tandemgrowth Financial Advisors LLC’s investment portfolio, making the stock its 10th biggest position.

Several other hedge funds also recently made changes to their positions in DFNM. Symmetry Partners LLC bought a new stake in shares of Dimensional National Municipal Bond ETF during the fourth quarter valued at approximately $63,911,000. Focus Partners Wealth boosted its position in shares of Dimensional National Municipal Bond ETF by 22.9% during the third quarter. Focus Partners Wealth now owns 2,569,749 shares of the company’s stock valued at $123,294,000 after purchasing an additional 479,262 shares in the last quarter. Savant Capital LLC boosted its position in shares of Dimensional National Municipal Bond ETF by 357.0% during the fourth quarter. Savant Capital LLC now owns 523,582 shares of the company’s stock valued at $25,221,000 after purchasing an additional 409,014 shares in the last quarter. Truepoint Inc. boosted its position in shares of Dimensional National Municipal Bond ETF by 8.4% during the third quarter. Truepoint Inc. now owns 2,859,809 shares of the company’s stock valued at $137,214,000 after purchasing an additional 221,963 shares in the last quarter. Finally, Guardian Wealth Management LLC bought a new stake in shares of Dimensional National Municipal Bond ETF during the fourth quarter valued at approximately $7,148,000.

Dimensional National Municipal Bond ETF Stock Performance

NYSEARCA DFNM opened at $48.28 on Friday. Dimensional National Municipal Bond ETF has a twelve month low of $47.15 and a twelve month high of $48.87. The stock’s 50 day moving average is $48.20 and its 200 day moving average is $48.31.

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.