Dimensional National Municipal Bond ETF $DFNM Stock: West Financial Advisors LLC Raises Holdings

West Financial Advisors LLC increased its stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 75.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 377,379 shares of the company’s stock after buying an additional 161,718 shares during the period. Dimensional National Municipal Bond ETF accounts for approximately 2.6% of West Financial Advisors LLC’s holdings, making the stock its 13th biggest holding. West Financial Advisors LLC owned about 0.79% of Dimensional National Municipal Bond ETF worth $17,371,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Mosaic Family Wealth Partners LLC raised its stake in shares of Dimensional National Municipal Bond ETF by 1.9% in the first quarter. Mosaic Family Wealth Partners LLC now owns 11,173 shares of the company’s stock worth $536,000 after acquiring an additional 210 shares during the last quarter. Navigoe LLC grew its stake in shares of Dimensional National Municipal Bond ETF by 5.6% during the first quarter. Navigoe LLC now owns 4,309 shares of the company’s stock valued at $206,000 after purchasing an additional 227 shares during the last quarter. Signature Resources Capital Management LLC grew its stake in shares of Dimensional National Municipal Bond ETF by 0.8% during the first quarter. Signature Resources Capital Management LLC now owns 28,207 shares of the company’s stock valued at $1,352,000 after purchasing an additional 233 shares during the last quarter. E Wealth Partners LLC grew its stake in shares of Dimensional National Municipal Bond ETF by 0.3% during the first quarter. E Wealth Partners LLC now owns 97,396 shares of the company’s stock valued at $4,668,000 after purchasing an additional 282 shares during the last quarter. Finally, Warburton Capital Management LLC increased its holdings in shares of Dimensional National Municipal Bond ETF by 0.7% in the first quarter. Warburton Capital Management LLC now owns 43,369 shares of the company’s stock valued at $2,093,000 after purchasing an additional 314 shares in the last quarter.

Dimensional National Municipal Bond ETF Stock Up 0.1%

NYSEARCA:DFNM traded up $0.03 during trading hours on Friday, hitting $46.96. 750,859 shares of the stock were exchanged, compared to its average volume of 262,162. The company’s 50 day moving average is $46.83 and its two-hundred day moving average is $47.68. Dimensional National Municipal Bond ETF has a twelve month low of $45.70 and a twelve month high of $48.87.

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.