Dimensional National Municipal Bond ETF $DFNM is David Wealth Management LLC’s 5th Largest Position

David Wealth Management LLC lessened its position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 0.3% during the second quarter, Holdings Channel reports. The fund owned 172,600 shares of the company’s stock after selling 479 shares during the period. Dimensional National Municipal Bond ETF comprises 6.1% of David Wealth Management LLC’s holdings, making the stock its 5th biggest holding. David Wealth Management LLC’s holdings in Dimensional National Municipal Bond ETF were worth $8,186,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in DFNM. Truist Financial Corp boosted its holdings in shares of Dimensional National Municipal Bond ETF by 0.5% in the 2nd quarter. Truist Financial Corp now owns 50,665 shares of the company’s stock worth $2,403,000 after purchasing an additional 227 shares in the last quarter. Meredith Wealth Planning boosted its stake in Dimensional National Municipal Bond ETF by 4.0% in the first quarter. Meredith Wealth Planning now owns 6,490 shares of the company’s stock worth $309,000 after buying an additional 250 shares in the last quarter. Verisail Partners LLC grew its position in Dimensional National Municipal Bond ETF by 0.9% during the first quarter. Verisail Partners LLC now owns 43,745 shares of the company’s stock valued at $2,081,000 after acquiring an additional 410 shares during the last quarter. Farther Finance Advisors LLC grew its position in Dimensional National Municipal Bond ETF by 28.1% during the first quarter. Farther Finance Advisors LLC now owns 2,072 shares of the company’s stock valued at $99,000 after acquiring an additional 455 shares during the last quarter. Finally, Oak Wealth Advisors LLC raised its stake in shares of Dimensional National Municipal Bond ETF by 3.2% during the first quarter. Oak Wealth Advisors LLC now owns 17,239 shares of the company’s stock worth $820,000 after acquiring an additional 536 shares in the last quarter.

Dimensional National Municipal Bond ETF Stock Up 0.1%

Shares of Dimensional National Municipal Bond ETF stock opened at $48.03 on Monday. Dimensional National Municipal Bond ETF has a 52-week low of $46.24 and a 52-week high of $48.52. The company has a fifty day moving average of $47.65 and a 200-day moving average of $47.42.

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.