Private Advisor Group LLC Lowers Position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Private Advisor Group LLC cut its position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNMFree Report) by 0.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 42,805 shares of the company’s stock after selling 279 shares during the quarter. Private Advisor Group LLC owned about 0.16% of Dimensional National Municipal Bond ETF worth $2,045,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Principal Securities Inc. bought a new stake in shares of Dimensional National Municipal Bond ETF during the 4th quarter valued at $40,000. First Horizon Advisors Inc. purchased a new position in Dimensional National Municipal Bond ETF during the 3rd quarter valued at about $45,000. MilWealth Group LLC bought a new stake in Dimensional National Municipal Bond ETF during the fourth quarter worth about $96,000. Dopkins Wealth Management LLC bought a new stake in Dimensional National Municipal Bond ETF during the third quarter worth about $200,000. Finally, JDH Wealth Management LLC purchased a new stake in Dimensional National Municipal Bond ETF in the fourth quarter worth about $207,000.

Dimensional National Municipal Bond ETF Trading Up 0.2 %

DFNM stock opened at $48.15 on Wednesday. The firm has a 50 day moving average price of $47.85 and a 200-day moving average price of $48.11. Dimensional National Municipal Bond ETF has a 52-week low of $47.40 and a 52-week high of $48.67.

About Dimensional National Municipal Bond ETF

(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.

Further Reading

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

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