Heritage Wealth Management Inc. CA Increases Stock Position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Heritage Wealth Management Inc. CA raised its position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 7.5% in the third quarter, Holdings Channel reports. The institutional investor owned 21,863 shares of the company’s stock after purchasing an additional 1,534 shares during the period. Dimensional National Municipal Bond ETF accounts for about 0.8% of Heritage Wealth Management Inc. CA’s portfolio, making the stock its 27th largest position. Heritage Wealth Management Inc. CA’s holdings in Dimensional National Municipal Bond ETF were worth $1,061,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Spinnaker Investment Group LLC grew its position in shares of Dimensional National Municipal Bond ETF by 2.1% during the 2nd quarter. Spinnaker Investment Group LLC now owns 14,740 shares of the company’s stock valued at $704,000 after acquiring an additional 309 shares during the period. PrairieView Partners LLC grew its holdings in Dimensional National Municipal Bond ETF by 2.0% in the first quarter. PrairieView Partners LLC now owns 17,399 shares of the company’s stock valued at $837,000 after purchasing an additional 341 shares during the period. Western Wealth Management LLC increased its position in shares of Dimensional National Municipal Bond ETF by 2.7% in the second quarter. Western Wealth Management LLC now owns 13,337 shares of the company’s stock valued at $637,000 after buying an additional 347 shares in the last quarter. Investmark Advisory Group LLC raised its stake in shares of Dimensional National Municipal Bond ETF by 1.8% during the 1st quarter. Investmark Advisory Group LLC now owns 21,519 shares of the company’s stock worth $1,035,000 after buying an additional 375 shares during the period. Finally, CPA Asset Management LLC lifted its position in shares of Dimensional National Municipal Bond ETF by 1.4% during the 2nd quarter. CPA Asset Management LLC now owns 27,234 shares of the company’s stock valued at $1,301,000 after buying an additional 376 shares in the last quarter.

Dimensional National Municipal Bond ETF Price Performance

Dimensional National Municipal Bond ETF stock opened at $48.35 on Monday. The company’s fifty day moving average price is $48.37 and its 200 day moving average price is $48.04. Dimensional National Municipal Bond ETF has a 1 year low of $46.10 and a 1 year high of $48.67.

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.