Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC decreased its stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 4.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 38,454 shares of the company’s stock after selling 1,685 shares during the period. Private Advisor Group LLC’s holdings in Dimensional National Municipal Bond ETF were worth $1,837,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in DFNM. Aptus Capital Advisors LLC bought a new stake in Dimensional National Municipal Bond ETF in the second quarter valued at $29,000. City State Bank bought a new stake in Dimensional National Municipal Bond ETF in the 2nd quarter valued at about $50,000. SJS Investment Consulting Inc. boosted its stake in Dimensional National Municipal Bond ETF by 245.4% during the 2nd quarter. SJS Investment Consulting Inc. now owns 1,568 shares of the company’s stock valued at $75,000 after purchasing an additional 1,114 shares during the period. CVA Family Office LLC acquired a new stake in shares of Dimensional National Municipal Bond ETF in the first quarter valued at approximately $198,000. Finally, Meredith Wealth Planning bought a new stake in shares of Dimensional National Municipal Bond ETF during the second quarter valued at approximately $230,000.

Dimensional National Municipal Bond ETF Price Performance

Shares of DFNM stock opened at $48.51 on Friday. Dimensional National Municipal Bond ETF has a 12-month low of $46.10 and a 12-month high of $48.59. The business has a 50 day simple moving average of $48.19 and a 200 day simple moving average of $48.00.

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.