11,271 Shares of Dimensional National Municipal Bond ETF $DFNM Purchased by Iowa State Bank

Iowa State Bank acquired a new stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 11,271 shares of the company’s stock, valued at approximately $519,000.

Other hedge funds have also modified their holdings of the company. Focus Partners Wealth grew its holdings in Dimensional National Municipal Bond ETF by 42.5% during the fourth quarter. Focus Partners Wealth now owns 3,662,918 shares of the company’s stock worth $176,443,000 after acquiring an additional 1,093,169 shares during the period. Truepoint Inc. grew its stake in shares of Dimensional National Municipal Bond ETF by 4.0% during the 4th quarter. Truepoint Inc. now owns 2,974,080 shares of the company’s stock worth $143,261,000 after purchasing an additional 114,271 shares during the period. Apella Capital LLC grew its stake in shares of Dimensional National Municipal Bond ETF by 20.5% during the 2nd quarter. Apella Capital LLC now owns 1,590,906 shares of the company’s stock worth $76,814,000 after purchasing an additional 270,730 shares during the period. Foster Group Inc. increased its holdings in shares of Dimensional National Municipal Bond ETF by 1.6% in the 2nd quarter. Foster Group Inc. now owns 1,483,405 shares of the company’s stock valued at $71,700,000 after purchasing an additional 23,179 shares in the last quarter. Finally, Sequoia Financial Advisors LLC grew its position in Dimensional National Municipal Bond ETF by 1.8% during the second quarter. Sequoia Financial Advisors LLC now owns 896,162 shares of the company’s stock worth $43,316,000 after buying an additional 16,137 shares during the period.

Dimensional National Municipal Bond ETF Stock Performance

NYSEARCA DFNM traded down $0.01 during mid-day trading on Tuesday, hitting $46.20. The stock had a trading volume of 327,511 shares, compared to its average volume of 224,775. Dimensional National Municipal Bond ETF has a 52-week low of $45.70 and a 52-week high of $48.87. The company has a 50 day simple moving average of $47.19 and a 200 day simple moving average of $47.82.

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.