Dimensional National Municipal Bond ETF $DFNM Stock Purchased by Friday Financial

Friday Financial lifted its holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 294.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 65,899 shares of the company’s stock after purchasing an additional 49,182 shares during the period. Dimensional National Municipal Bond ETF comprises approximately 0.6% of Friday Financial’s portfolio, making the stock its 28th largest holding. Friday Financial’s holdings in Dimensional National Municipal Bond ETF were worth $3,047,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Focus Partners Wealth grew its position in Dimensional National Municipal Bond ETF by 42.5% in the 4th quarter. Focus Partners Wealth now owns 3,662,918 shares of the company’s stock valued at $176,443,000 after acquiring an additional 1,093,169 shares during the last quarter. Apella Capital LLC lifted its position in shares of Dimensional National Municipal Bond ETF by 6.3% during the third quarter. Apella Capital LLC now owns 1,690,582 shares of the company’s stock worth $77,885,000 after purchasing an additional 99,676 shares during the last quarter. Foster Group Inc. boosted its stake in shares of Dimensional National Municipal Bond ETF by 1.6% during the second quarter. Foster Group Inc. now owns 1,483,405 shares of the company’s stock valued at $71,700,000 after purchasing an additional 23,179 shares during the period. Sequoia Financial Advisors LLC grew its holdings in shares of Dimensional National Municipal Bond ETF by 1.8% in the second quarter. Sequoia Financial Advisors LLC now owns 896,162 shares of the company’s stock worth $43,316,000 after purchasing an additional 16,137 shares during the last quarter. Finally, Beaird Harris Wealth Management LLC increased its stake in Dimensional National Municipal Bond ETF by 1.4% in the 4th quarter. Beaird Harris Wealth Management LLC now owns 847,860 shares of the company’s stock worth $40,841,000 after buying an additional 11,530 shares during the period.

Dimensional National Municipal Bond ETF Trading Up 0.2%

Shares of DFNM opened at $46.21 on Friday. The company has a 50-day moving average of $47.06 and a 200 day moving average of $47.77. Dimensional National Municipal Bond ETF has a 1-year low of $45.70 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.