Vermillion Wealth Management Inc. Has $3.60 Million Stock Position in Dimensional National Municipal Bond ETF $DFNM

Vermillion Wealth Management Inc. boosted its stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 8.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 75,876 shares of the company’s stock after acquiring an additional 6,085 shares during the period. Dimensional National Municipal Bond ETF accounts for 1.7% of Vermillion Wealth Management Inc.’s investment portfolio, making the stock its 12th largest holding. Vermillion Wealth Management Inc. owned about 0.23% of Dimensional National Municipal Bond ETF worth $3,599,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in DFNM. Iowa State Bank bought a new stake in shares of Dimensional National Municipal Bond ETF in the 1st quarter valued at $536,000. West Financial Advisors LLC raised its stake in Dimensional National Municipal Bond ETF by 6.1% during the first quarter. West Financial Advisors LLC now owns 183,677 shares of the company’s stock worth $8,738,000 after buying an additional 10,562 shares during the last quarter. Graves Light Lenhart Wealth Inc. lifted its holdings in Dimensional National Municipal Bond ETF by 7.7% in the first quarter. Graves Light Lenhart Wealth Inc. now owns 251,198 shares of the company’s stock valued at $11,949,000 after buying an additional 17,893 shares during the period. Apella Capital LLC lifted its holdings in Dimensional National Municipal Bond ETF by 16.4% in the first quarter. Apella Capital LLC now owns 643,483 shares of the company’s stock valued at $30,186,000 after buying an additional 90,834 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC boosted its position in Dimensional National Municipal Bond ETF by 4.2% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 41,372 shares of the company’s stock valued at $1,968,000 after acquiring an additional 1,662 shares during the last quarter.

Dimensional National Municipal Bond ETF Price Performance

DFNM stock opened at $47.94 on Monday. The stock has a 50-day moving average price of $47.58 and a 200-day moving average price of $47.41. Dimensional National Municipal Bond ETF has a 1-year low of $46.24 and a 1-year high of $48.67.

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.