Confluence Investment Management LLC Cuts Position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Confluence Investment Management LLC decreased its holdings in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNMFree Report) by 4.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 177,417 shares of the company’s stock after selling 8,564 shares during the period. Confluence Investment Management LLC’s holdings in Dimensional National Municipal Bond ETF were worth $8,475,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in DFNM. Aptus Capital Advisors LLC bought a new position in Dimensional National Municipal Bond ETF during the 2nd quarter valued at approximately $29,000. First Horizon Advisors Inc. purchased a new stake in shares of Dimensional National Municipal Bond ETF in the third quarter worth $45,000. Dopkins Wealth Management LLC bought a new position in shares of Dimensional National Municipal Bond ETF during the third quarter valued at $200,000. B.O.S.S. Retirement Advisors LLC purchased a new position in shares of Dimensional National Municipal Bond ETF in the 3rd quarter worth about $219,000. Finally, Choreo LLC purchased a new position in shares of Dimensional National Municipal Bond ETF in the 2nd quarter worth about $220,000.

Dimensional National Municipal Bond ETF Price Performance

Shares of DFNM stock opened at $47.81 on Friday. Dimensional National Municipal Bond ETF has a one year low of $47.40 and a one year high of $48.67. The company’s 50-day moving average is $48.03 and its 200 day moving average is $48.14.

Dimensional National Municipal Bond ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

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