Waterford Advisors LLC Acquires New Holdings in Dimensional National Municipal Bond ETF $DFNM

Waterford Advisors LLC bought a new stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 527,277 shares of the company’s stock, valued at approximately $23,838,000. Dimensional National Municipal Bond ETF makes up 9.3% of Waterford Advisors LLC’s holdings, making the stock its 5th largest position. Waterford Advisors LLC owned 1.28% of Dimensional National Municipal Bond ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Corient Private Wealth LLC increased its holdings in shares of Dimensional National Municipal Bond ETF by 1.9% during the fourth quarter. Corient Private Wealth LLC now owns 58,935 shares of the company’s stock worth $2,839,000 after buying an additional 1,118 shares in the last quarter. Note Advisors LLC boosted its holdings in shares of Dimensional National Municipal Bond ETF by 34.2% during the 4th quarter. Note Advisors LLC now owns 52,520 shares of the company’s stock valued at $2,542,000 after acquiring an additional 13,394 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Dimensional National Municipal Bond ETF by 40.2% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 36,194 shares of the company’s stock valued at $1,743,000 after acquiring an additional 10,377 shares in the last quarter. Beacon Pointe Advisors LLC boosted its holdings in shares of Dimensional National Municipal Bond ETF by 2.8% during the 4th quarter. Beacon Pointe Advisors LLC now owns 13,976 shares of the company’s stock valued at $673,000 after acquiring an additional 384 shares in the last quarter. Finally, NewEdge Advisors LLC grew its position in Dimensional National Municipal Bond ETF by 7.8% during the 4th quarter. NewEdge Advisors LLC now owns 30,006 shares of the company’s stock worth $1,445,000 after acquiring an additional 2,181 shares during the last quarter.

Dimensional National Municipal Bond ETF Stock Up 0.2%

Shares of DFNM opened at $48.38 on Friday. Dimensional National Municipal Bond ETF has a 12-month low of $47.15 and a 12-month high of $48.87. The business has a 50-day simple moving average of $48.22 and a two-hundred day simple moving average of $48.31.

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.