Quarry Hill Advisors LLC Boosts Holdings in Dimensional National Municipal Bond ETF $DFNM

Quarry Hill Advisors LLC lifted its stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 29.2% in the 4th quarter, HoldingsChannel reports. The firm owned 64,110 shares of the company’s stock after buying an additional 14,471 shares during the quarter. Dimensional National Municipal Bond ETF accounts for 1.4% of Quarry Hill Advisors LLC’s portfolio, making the stock its 17th biggest position. Quarry Hill Advisors LLC’s holdings in Dimensional National Municipal Bond ETF were worth $3,088,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. MAI Capital Management purchased a new stake in shares of Dimensional National Municipal Bond ETF in the 3rd quarter worth about $36,000. Geneos Wealth Management Inc. lifted its position in shares of Dimensional National Municipal Bond ETF by 292.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,223 shares of the company’s stock worth $58,000 after purchasing an additional 911 shares during the period. CWM LLC lifted its position in shares of Dimensional National Municipal Bond ETF by 143.7% in the 3rd quarter. CWM LLC now owns 2,052 shares of the company’s stock worth $98,000 after purchasing an additional 1,210 shares during the period. Cary Street Partners Investment Advisory LLC lifted its position in shares of Dimensional National Municipal Bond ETF by 32.1% in 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 during the period. Finally, Advisory Services Network LLC bought a new position in shares of Dimensional National Municipal Bond ETF in the 3rd quarter worth about $146,000.

Dimensional National Municipal Bond ETF Stock Performance

Shares of Dimensional National Municipal Bond ETF stock opened at $48.29 on Wednesday. The company has a 50-day moving average of $48.42 and a 200 day moving average of $48.30. Dimensional National Municipal Bond ETF has a 1 year low of $46.74 and a 1 year high of $48.87.

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.