Sterling Wealth Advisors Inc Makes New Investment in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Sterling Wealth Advisors Inc purchased a new stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 17,946 shares of the company’s stock, valued at approximately $857,000. Dimensional National Municipal Bond ETF comprises about 0.7% of Sterling Wealth Advisors Inc’s holdings, making the stock its 13th largest holding. Sterling Wealth Advisors Inc owned 0.07% of Dimensional National Municipal Bond ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in DFNM. Quarry Hill Advisors LLC raised its stake in Dimensional National Municipal Bond ETF by 13.3% in the 4th quarter. Quarry Hill Advisors LLC now owns 30,935 shares of the company’s stock valued at $1,478,000 after acquiring an additional 3,642 shares during the period. Citrine Capital LLC purchased a new position in shares of Dimensional National Municipal Bond ETF in the fourth quarter worth about $2,468,000. Vestia Personal Wealth Advisors raised its position in shares of Dimensional National Municipal Bond ETF by 86.5% in the fourth quarter. Vestia Personal Wealth Advisors now owns 115,991 shares of the company’s stock valued at $5,541,000 after purchasing an additional 53,801 shares during the period. Vantage Point Financial LLC purchased a new stake in shares of Dimensional National Municipal Bond ETF during the 4th quarter valued at approximately $284,000. Finally, Resonant Capital Advisors LLC boosted its holdings in Dimensional National Municipal Bond ETF by 16.7% in the 4th quarter. Resonant Capital Advisors LLC now owns 188,028 shares of the company’s stock worth $8,982,000 after buying an additional 26,849 shares during the period.

Dimensional National Municipal Bond ETF Price Performance

Shares of DFNM stock opened at $48.06 on Friday. The company’s fifty day simple moving average is $47.93 and its two-hundred day simple moving average is $48.13. Dimensional National Municipal Bond ETF has a 1 year low of $47.40 and a 1 year high of $48.67.

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.