West Financial Advisors LLC Increases Stake in Dimensional National Municipal Bond ETF $DFNM

West Financial Advisors LLC boosted its holdings in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 6.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 215,661 shares of the company’s stock after buying an additional 13,722 shares during the quarter. Dimensional National Municipal Bond ETF accounts for 1.6% of West Financial Advisors LLC’s investment portfolio, making the stock its 15th largest position. West Financial Advisors LLC owned approximately 0.47% of Dimensional National Municipal Bond ETF worth $10,424,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vested Financial Planning LLC raised its stake in shares of Dimensional National Municipal Bond ETF by 5.6% in the fourth quarter. Vested Financial Planning LLC now owns 204,324 shares of the company’s stock valued at $9,842,000 after acquiring an additional 10,800 shares in the last quarter. Warburton Capital Management LLC grew its stake in Dimensional National Municipal Bond ETF by 89.3% during the 4th quarter. Warburton Capital Management LLC now owns 43,055 shares of the company’s stock worth $2,073,000 after purchasing an additional 20,314 shares in the last quarter. Forteris Wealth Management Inc. acquired a new position in Dimensional National Municipal Bond ETF during the 4th quarter worth $574,000. LJI Wealth Management LLC acquired a new position in Dimensional National Municipal Bond ETF during the 4th quarter worth $511,000. Finally, Vestment Financial LLC increased its holdings in Dimensional National Municipal Bond ETF by 12.1% during the 4th quarter. Vestment Financial LLC now owns 284,600 shares of the company’s stock worth $13,780,000 after purchasing an additional 30,744 shares during the period.

Dimensional National Municipal Bond ETF Stock Up 0.1%

DFNM stock opened at $47.85 on Friday. The business’s 50-day moving average is $48.12 and its two-hundred day moving average is $48.27. Dimensional National Municipal Bond ETF has a 1 year low of $47.27 and a 1 year high of $48.87.

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.