Waterford Advisors LLC Invests $23.84 Million in Dimensional National Municipal Bond ETF $DFNM

Waterford Advisors LLC acquired a new stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 527,277 shares of the company’s stock, valued at approximately $23,838,000. Dimensional National Municipal Bond ETF comprises about 9.3% of Waterford Advisors LLC’s investment portfolio, making the stock its 5th biggest position.

Several other large investors also recently modified their holdings of the company. MAI Capital Management bought a new stake in Dimensional National Municipal Bond ETF during the third quarter valued at $36,000. Geneos Wealth Management Inc. boosted its position in shares of Dimensional National Municipal Bond ETF by 292.0% during the 1st 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. Blueline Advisors LLC acquired a new stake in Dimensional National Municipal Bond ETF during the fourth quarter worth approximately $114,000. Cary Street Partners Investment Advisory LLC grew its stake in Dimensional National Municipal Bond ETF by 32.1% during the third 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 during the period. Finally, Advisory Services Network LLC bought a new stake in Dimensional National Municipal Bond ETF in the third quarter worth approximately $146,000.

Dimensional National Municipal Bond ETF Price Performance

Shares of DFNM opened at $48.38 on Friday. Dimensional National Municipal Bond ETF has a 52-week low of $47.15 and a 52-week high of $48.87. The business’s 50 day moving average price is $48.22 and its two-hundred day moving average price is $48.31.

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.