Focus Partners Wealth Has $123.29 Million Stake in Dimensional National Municipal Bond ETF $DFNM

Focus Partners Wealth increased its stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 22.9% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,569,749 shares of the company’s stock after acquiring an additional 479,262 shares during the quarter. Focus Partners Wealth owned 0.07% of Dimensional National Municipal Bond ETF worth $123,294,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of DFNM. MAI Capital Management bought a new position in Dimensional National Municipal Bond ETF during the third quarter worth $36,000. Geneos Wealth Management Inc. increased its stake in Dimensional National Municipal Bond ETF by 292.0% in the first quarter. Geneos Wealth Management Inc. now owns 1,223 shares of the company’s stock valued at $58,000 after purchasing an additional 911 shares in the last quarter. Nemes Rush Group LLC raised its holdings in shares of Dimensional National Municipal Bond ETF by 40.4% during the second quarter. Nemes Rush Group LLC now owns 1,460 shares of the company’s stock valued at $69,000 after purchasing an additional 420 shares during the period. CWM LLC raised its holdings in shares of Dimensional National Municipal Bond ETF by 143.7% during the third quarter. CWM LLC now owns 2,052 shares of the company’s stock valued at $98,000 after purchasing an additional 1,210 shares during the period. Finally, Cary Street Partners Investment Advisory LLC boosted its position in shares of Dimensional National Municipal Bond ETF by 32.1% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 2,775 shares of the company’s stock worth $133,000 after purchasing an additional 674 shares in the last quarter.

Dimensional National Municipal Bond ETF Stock Performance

Shares of DFNM opened at $48.38 on Monday. The stock has a 50-day moving average of $48.57 and a 200-day moving average of $48.27. Dimensional National Municipal Bond ETF has a one year low of $46.24 and a one year high of $48.87.

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.