Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) Shares Bought by BWM Planning LLC

BWM Planning LLC grew its stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 10.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 7,390 shares of the company’s stock after purchasing an additional 717 shares during the period. BWM Planning LLC’s holdings in Dimensional National Municipal Bond ETF were worth $353,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. Truepoint Inc. grew its position in shares of Dimensional National Municipal Bond ETF by 0.8% during the 3rd quarter. Truepoint Inc. now owns 2,611,150 shares of the company’s stock valued at $126,745,000 after acquiring an additional 20,203 shares during the period. Beaird Harris Wealth Management LLC increased its position in shares of Dimensional National Municipal Bond ETF by 0.7% in the third quarter. Beaird Harris Wealth Management LLC now owns 853,154 shares of the company’s stock valued at $41,412,000 after buying an additional 5,553 shares in the last quarter. Rather & Kittrell Inc. increased its position in shares of Dimensional National Municipal Bond ETF by 8.9% in the third quarter. Rather & Kittrell Inc. now owns 632,168 shares of the company’s stock valued at $30,685,000 after buying an additional 51,929 shares in the last quarter. Austin Wealth Management LLC raised its stake in shares of Dimensional National Municipal Bond ETF by 4.3% during the 3rd quarter. Austin Wealth Management LLC now owns 588,429 shares of the company’s stock worth $28,556,000 after buying an additional 24,192 shares during the period. Finally, Apella Capital LLC lifted its position in shares of Dimensional National Municipal Bond ETF by 17.4% during the 4th quarter. Apella Capital LLC now owns 552,649 shares of the company’s stock valued at $26,400,000 after buying an additional 82,046 shares in the last quarter.

Dimensional National Municipal Bond ETF Price Performance

Shares of NYSEARCA DFNM opened at $47.92 on Wednesday. The firm has a fifty day moving average of $47.95 and a 200 day moving average of $48.13. Dimensional National Municipal Bond ETF has a one year low of $47.40 and a one year high of $48.67.

About Dimensional National Municipal Bond ETF

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.