Dimensional National Municipal Bond ETF $DFNM Shares Bought by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC boosted its position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 5.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 781,593 shares of the company’s stock after buying an additional 36,904 shares during the period. Sequoia Financial Advisors LLC owned 2.34% of Dimensional National Municipal Bond ETF worth $37,071,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC increased its holdings in shares of Dimensional National Municipal Bond ETF by 28.1% in the first quarter. Farther Finance Advisors LLC now owns 2,072 shares of the company’s stock valued at $99,000 after purchasing an additional 455 shares during the period. Scratch Capital LLC increased its holdings in shares of Dimensional National Municipal Bond ETF by 6.1% in the first quarter. Scratch Capital LLC now owns 24,519 shares of the company’s stock valued at $1,166,000 after purchasing an additional 1,402 shares during the period. CogentBlue Wealth Advisors LLC increased its holdings in shares of Dimensional National Municipal Bond ETF by 17.4% in the first quarter. CogentBlue Wealth Advisors LLC now owns 31,692 shares of the company’s stock valued at $1,508,000 after purchasing an additional 4,692 shares during the period. Verisail Partners LLC increased its holdings in shares of Dimensional National Municipal Bond ETF by 0.9% in the first quarter. Verisail Partners LLC now owns 43,745 shares of the company’s stock valued at $2,081,000 after purchasing an additional 410 shares during the period. Finally, Brady Martz Wealth Solutions LLC increased its holdings in shares of Dimensional National Municipal Bond ETF by 162.2% in the first quarter. Brady Martz Wealth Solutions LLC now owns 40,034 shares of the company’s stock valued at $1,904,000 after purchasing an additional 24,768 shares during the period.

Dimensional National Municipal Bond ETF Price Performance

NYSEARCA:DFNM opened at $48.13 on Monday. The stock’s 50 day simple moving average is $47.73 and its 200-day simple moving average is $47.44. Dimensional National Municipal Bond ETF has a 12-month low of $46.24 and a 12-month high of $48.49.

Dimensional National Municipal Bond ETF Company 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.