Dimensional National Municipal Bond ETF $DFNM Stock: West Financial Advisors LLC Grows Holdings

West Financial Advisors LLC raised its holdings in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 75.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 377,379 shares of the company’s stock after purchasing an additional 161,718 shares during the period. Dimensional National Municipal Bond ETF accounts for approximately 2.6% of West Financial Advisors LLC’s holdings, making the stock its 13th biggest holding. West Financial Advisors LLC’s holdings in Dimensional National Municipal Bond ETF were worth $17,371,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Mosaic Family Wealth Partners LLC grew its position in shares of Dimensional National Municipal Bond ETF by 1.9% during the 1st quarter. Mosaic Family Wealth Partners LLC now owns 11,173 shares of the company’s stock worth $536,000 after buying an additional 210 shares during the period. Navigoe LLC lifted its holdings in Dimensional National Municipal Bond ETF by 5.6% in the first quarter. Navigoe LLC now owns 4,309 shares of the company’s stock valued at $206,000 after buying an additional 227 shares during the period. Signature Resources Capital Management LLC lifted its holdings in Dimensional National Municipal Bond ETF by 0.8% in the first quarter. Signature Resources Capital Management LLC now owns 28,207 shares of the company’s stock valued at $1,352,000 after buying an additional 233 shares during the period. E Wealth Partners LLC lifted its holdings in Dimensional National Municipal Bond ETF by 0.3% in the first quarter. E Wealth Partners LLC now owns 97,396 shares of the company’s stock valued at $4,668,000 after buying an additional 282 shares during the period. Finally, Warburton Capital Management LLC boosted its stake in Dimensional National Municipal Bond ETF by 0.7% in the first quarter. Warburton Capital Management LLC now owns 43,369 shares of the company’s stock valued at $2,093,000 after acquiring an additional 314 shares during the last quarter.

Dimensional National Municipal Bond ETF Price Performance

DFNM stock traded up $0.03 during midday trading on Friday, reaching $46.96. The company’s stock had a trading volume of 750,859 shares, compared to its average volume of 262,162. The business’s 50-day simple moving average is $46.83 and its 200-day simple moving average is $47.68. Dimensional National Municipal Bond ETF has a 52 week low of $45.70 and a 52 week 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.