Vestment Financial LLC Buys 25,949 Shares of Dimensional National Municipal Bond ETF $DFNM

Vestment Financial LLC lifted its stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 11.4% during the 3rd quarter, Holdings Channel reports. The firm owned 253,856 shares of the company’s stock after acquiring an additional 25,949 shares during the period. Dimensional National Municipal Bond ETF makes up 7.0% of Vestment Financial LLC’s holdings, making the stock its 5th biggest holding. Vestment Financial LLC’s holdings in Dimensional National Municipal Bond ETF were worth $12,187,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Focus Partners Wealth lifted its stake in Dimensional National Municipal Bond ETF by 3.8% in the first quarter. Focus Partners Wealth now owns 2,001,930 shares of the company’s stock valued at $95,232,000 after buying an additional 73,017 shares during the period. Foster Group Inc. increased its stake in shares of Dimensional National Municipal Bond ETF by 36.1% in the 2nd quarter. Foster Group Inc. now owns 1,503,402 shares of the company’s stock valued at $71,306,000 after acquiring an additional 399,029 shares during the last quarter. Sequoia Financial Advisors LLC raised its position in shares of Dimensional National Municipal Bond ETF by 5.0% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 781,593 shares of the company’s stock valued at $37,071,000 after acquiring an additional 36,904 shares during the period. Focus Partners Advisor Solutions LLC boosted its stake in Dimensional National Municipal Bond ETF by 63.9% during the 1st quarter. Focus Partners Advisor Solutions LLC now owns 767,754 shares of the company’s stock worth $36,522,000 after acquiring an additional 299,407 shares during the last quarter. Finally, MBL Wealth LLC boosted its stake in Dimensional National Municipal Bond ETF by 2.0% during the 3rd quarter. MBL Wealth LLC now owns 680,415 shares of the company’s stock worth $32,646,000 after acquiring an additional 13,302 shares during the last quarter.

Dimensional National Municipal Bond ETF Stock Up 0.0%

Shares of NYSEARCA:DFNM opened at $48.13 on Friday. The company has a 50 day moving average price of $48.20 and a two-hundred day moving average price of $47.81. Dimensional National Municipal Bond ETF has a 52 week low of $46.24 and a 52 week high of $48.35.

Dimensional National Municipal Bond ETF Company 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.