Root Financial Partners LLC lifted its position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM – Free Report) by 40.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 150,351 shares of the company’s stock after buying an additional 43,089 shares during the period. Root Financial Partners LLC owned 0.31% of Dimensional National Municipal Bond ETF worth $6,921,000 as of its most recent SEC filing.
A number of other hedge funds have also recently bought and sold shares of DFNM. Navigoe LLC grew its stake in Dimensional National Municipal Bond ETF by 5.6% in the 1st quarter. Navigoe LLC now owns 4,309 shares of the company’s stock worth $206,000 after acquiring an additional 227 shares during the period. Henrickson Nauta Wealth Advisors Inc. acquired a new position in Dimensional National Municipal Bond ETF in the 2nd quarter valued at $229,000. Apollon Financial LLC acquired a new position in Dimensional National Municipal Bond ETF in the 1st quarter valued at $246,000. Quantinno Capital Management LP purchased a new position in shares of Dimensional National Municipal Bond ETF during the 1st quarter worth $246,000. Finally, Arkadios Wealth Advisors purchased a new position in shares of Dimensional National Municipal Bond ETF during the 1st quarter worth $250,000.
Dimensional National Municipal Bond ETF Price Performance
Shares of Dimensional National Municipal Bond ETF stock opened at $46.93 on Friday. Dimensional National Municipal Bond ETF has a fifty-two week low of $45.70 and a fifty-two week high of $48.87. The business’s fifty day moving average is $46.84 and its two-hundred day moving average is $47.68.
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.
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