Navigate Wealth Management LLC Makes New Investment in Dimensional National Municipal Bond ETF $DFNM

Navigate Wealth Management LLC acquired a new stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the 3rd quarter, HoldingsChannel reports. The firm acquired 13,937 shares of the company’s stock, valued at approximately $644,000.

Other hedge funds have also recently bought and sold shares of the company. Apella Capital LLC boosted its holdings in Dimensional National Municipal Bond ETF by 6.3% during the 3rd quarter. Apella Capital LLC now owns 1,690,582 shares of the company’s stock worth $77,885,000 after acquiring an additional 99,676 shares during the last quarter. Foster Group Inc. raised its holdings in shares of Dimensional National Municipal Bond ETF by 1.6% in the second 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 during the last quarter. Sequoia Financial Advisors LLC lifted its position in shares of 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 valued at $43,316,000 after purchasing an additional 16,137 shares in the last quarter. Beaird Harris Wealth Management LLC lifted its position in shares of Dimensional National Municipal Bond ETF by 1.4% during the fourth quarter. Beaird Harris Wealth Management LLC now owns 847,860 shares of the company’s stock valued at $40,841,000 after purchasing an additional 11,530 shares in the last quarter. Finally, Graves Light Lenhart Wealth Inc. boosted its holdings in Dimensional National Municipal Bond ETF by 10.0% during the third quarter. Graves Light Lenhart Wealth Inc. now owns 612,276 shares of the company’s stock worth $28,183,000 after purchasing an additional 55,625 shares during the last quarter.

Dimensional National Municipal Bond ETF Stock Up 0.1%

Dimensional National Municipal Bond ETF stock traded up $0.04 during midday trading on Wednesday, hitting $46.45. 127,506 shares of the stock were exchanged, compared to its average volume of 251,791. Dimensional National Municipal Bond ETF has a 52-week low of $45.70 and a 52-week high of $48.87. The business’s 50-day moving average price is $47.01 and its 200-day moving average price is $47.74.

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.