Truepoint Inc. Acquires 221,963 Shares of Dimensional National Municipal Bond ETF $DFNM

Truepoint Inc. raised its holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 8.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,859,809 shares of the company’s stock after acquiring an additional 221,963 shares during the period. Dimensional National Municipal Bond ETF makes up approximately 3.2% of Truepoint Inc.’s investment portfolio, making the stock its 10th largest position. Truepoint Inc. owned about 0.08% of Dimensional National Municipal Bond ETF worth $137,214,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of DFNM. Focus Partners Advisor Solutions LLC grew its position in shares of Dimensional National Municipal Bond ETF by 19.6% in the third quarter. Focus Partners Advisor Solutions LLC now owns 830,728 shares of the company’s stock valued at $39,861,000 after purchasing an additional 136,333 shares in the last quarter. Sequoia Financial Advisors LLC lifted its position in Dimensional National Municipal Bond ETF by 4.6% during the third quarter. Sequoia Financial Advisors LLC now owns 817,821 shares of the company’s stock worth $39,239,000 after buying an additional 36,228 shares in the last quarter. MBL Wealth LLC boosted its stake in Dimensional National Municipal Bond ETF by 2.0% during the third quarter. MBL Wealth LLC now owns 680,415 shares of the company’s stock worth $32,646,000 after buying an additional 13,302 shares during the last quarter. Apella Capital LLC grew its holdings in Dimensional National Municipal Bond ETF by 7.4% in the 3rd quarter. Apella Capital LLC now owns 656,842 shares of the company’s stock valued at $31,719,000 after buying an additional 45,450 shares in the last quarter. Finally, AWM Capital LLC increased its stake in shares of Dimensional National Municipal Bond ETF by 38.4% in the 3rd quarter. AWM Capital LLC now owns 653,511 shares of the company’s stock worth $31,355,000 after acquiring an additional 181,214 shares during the last quarter.

Dimensional National Municipal Bond ETF Trading Down 0.1%

NYSEARCA DFNM opened at $48.56 on Friday. Dimensional National Municipal Bond ETF has a 52 week low of $46.24 and a 52 week high of $48.87. The business’s fifty day simple moving average is $48.53 and its 200-day simple moving average is $48.21.

Dimensional National Municipal Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 20th. Shareholders of record on Wednesday, February 18th were issued a $0.1025 dividend. This represents a c) annualized dividend and a yield of 2.5%. The ex-dividend date was Wednesday, February 18th. This is a positive change from Dimensional National Municipal Bond ETF’s previous monthly dividend of $0.04.

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.