Zhang Financial LLC Takes Position in Dimensional National Municipal Bond ETF $DFNM

Zhang Financial LLC purchased a new stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 12,000 shares of the company’s stock, valued at approximately $578,000.

Several other hedge funds and other institutional investors also recently modified their holdings of DFNM. MAI Capital Management purchased a new position in shares of Dimensional National Municipal Bond ETF during the third quarter valued at about $36,000. Geneos Wealth Management Inc. increased its position in shares of Dimensional National Municipal Bond ETF by 292.0% during the first quarter. Geneos Wealth Management Inc. now owns 1,223 shares of the company’s stock valued at $58,000 after buying an additional 911 shares during the period. Blueline Advisors LLC purchased a new position in shares of Dimensional National Municipal Bond ETF during the fourth quarter valued at about $114,000. Cary Street Partners Investment Advisory LLC increased its position in shares of Dimensional National Municipal Bond ETF by 32.1% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 2,775 shares of the company’s stock valued at $133,000 after buying an additional 674 shares during the period. Finally, Advisory Services Network LLC purchased a new position in shares of Dimensional National Municipal Bond ETF during the third quarter valued at about $146,000.

Dimensional National Municipal Bond ETF Trading Up 0.1%

Shares of NYSEARCA DFNM opened at $48.23 on Friday. Dimensional National Municipal Bond ETF has a 1 year low of $47.14 and a 1 year high of $48.87. The company’s 50-day moving average is $48.14 and its 200 day moving average is $48.31.

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.