Mattern Wealth Management LLC Lowers Stock Position in Dimensional National Municipal Bond ETF $DFNM

Mattern Wealth Management LLC reduced its position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 4.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 529,294 shares of the company’s stock after selling 24,570 shares during the period. Dimensional National Municipal Bond ETF makes up about 5.1% of Mattern Wealth Management LLC’s investment portfolio, making the stock its 6th biggest position. Mattern Wealth Management LLC’s holdings in Dimensional National Municipal Bond ETF were worth $25,396,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Aurelius Family Office LLC boosted its position in Dimensional National Municipal Bond ETF by 7.5% in the third quarter. Aurelius Family Office LLC now owns 68,869 shares of the company’s stock worth $3,304,000 after purchasing an additional 4,829 shares during the last quarter. Pure Financial Advisors LLC increased its position in shares of Dimensional National Municipal Bond ETF by 0.8% during the 3rd quarter. Pure Financial Advisors LLC now owns 38,661 shares of the company’s stock valued at $1,855,000 after purchasing an additional 310 shares during the last quarter. Maryland Capital Advisors Inc. lifted its stake in shares of Dimensional National Municipal Bond ETF by 7.2% in the 3rd quarter. Maryland Capital Advisors Inc. now owns 135,947 shares of the company’s stock worth $6,523,000 after purchasing an additional 9,174 shares during the period. Apella Capital LLC boosted its holdings in shares of Dimensional National Municipal Bond ETF by 7.4% in the third quarter. Apella Capital LLC now owns 656,842 shares of the company’s stock worth $31,719,000 after buying an additional 45,450 shares during the last quarter. Finally, Vestment Financial LLC boosted its holdings in shares of Dimensional National Municipal Bond ETF by 11.4% in the third quarter. Vestment Financial LLC now owns 253,856 shares of the company’s stock worth $12,187,000 after buying an additional 25,949 shares during the last quarter.

Dimensional National Municipal Bond ETF Price Performance

Shares of DFNM stock opened at $48.17 on Thursday. Dimensional National Municipal Bond ETF has a 12 month low of $46.24 and a 12 month high of $48.35. The company has a 50 day simple moving average of $48.20 and a two-hundred day simple moving average of $47.83.

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.