Mather Group LLC. Sells 2,190 Shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Mather Group LLC. decreased its position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 3.3% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 63,825 shares of the company’s stock after selling 2,190 shares during the period. Mather Group LLC.’s holdings in Dimensional National Municipal Bond ETF were worth $3,069,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Truepoint Inc. increased its position in shares of Dimensional National Municipal Bond ETF by 12.1% during the first quarter. Truepoint Inc. now owns 2,663,215 shares of the company’s stock worth $128,074,000 after acquiring an additional 286,632 shares during the period. Foster Group Inc. raised its position in Dimensional National Municipal Bond ETF by 1,197.6% during the 1st quarter. Foster Group Inc. now owns 1,256,885 shares of the company’s stock valued at $60,444,000 after purchasing an additional 1,160,025 shares in the last quarter. Pathstone Holdings LLC purchased a new stake in shares of Dimensional National Municipal Bond ETF in the 4th quarter worth $35,262,000. Buckingham Strategic Wealth LLC grew its position in shares of Dimensional National Municipal Bond ETF by 3,173.1% during the 4th quarter. Buckingham Strategic Wealth LLC now owns 705,547 shares of the company’s stock worth $34,226,000 after buying an additional 683,991 shares in the last quarter. Finally, MBL Wealth LLC increased its stake in shares of Dimensional National Municipal Bond ETF by 5.8% during the first quarter. MBL Wealth LLC now owns 689,738 shares of the company’s stock valued at $33,170,000 after buying an additional 37,790 shares during the period.

Dimensional National Municipal Bond ETF Price Performance

Shares of NYSEARCA DFNM traded down $0.05 during midday trading on Tuesday, reaching $48.38. 78,623 shares of the company’s stock traded hands, compared to its average volume of 90,393. The stock’s 50 day simple moving average is $47.90 and its 200-day simple moving average is $47.98. Dimensional National Municipal Bond ETF has a one year low of $46.10 and a one year high of $48.59.

Dimensional National Municipal Bond ETF 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.