57,839 Shares in Dimensional National Municipal Bond ETF $DFNM Bought by Park Avenue Securities LLC

Park Avenue Securities LLC purchased a new stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 57,839 shares of the company’s stock, valued at approximately $2,662,000. Park Avenue Securities LLC owned about 0.12% of Dimensional National Municipal Bond ETF as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Navigoe LLC increased its holdings in shares of Dimensional National Municipal Bond ETF by 5.6% during the 1st quarter. Navigoe LLC now owns 4,309 shares of the company’s stock worth $206,000 after buying an additional 227 shares during the last quarter. Henrickson Nauta Wealth Advisors Inc. purchased a new position in shares of Dimensional National Municipal Bond ETF in the 2nd quarter worth $229,000. Quantinno Capital Management LP acquired a new position in Dimensional National Municipal Bond ETF in the first quarter valued at $246,000. Arkadios Wealth Advisors acquired a new position in Dimensional National Municipal Bond ETF in the first quarter valued at $250,000. Finally, KFG Wealth Management LLC boosted its holdings in Dimensional National Municipal Bond ETF by 10.1% in the third quarter. KFG Wealth Management LLC now owns 6,025 shares of the company’s stock valued at $277,000 after acquiring an additional 553 shares during the last quarter.

Dimensional National Municipal Bond ETF Price Performance

DFNM stock opened at $47.25 on Friday. The stock has a 50-day moving average price of $46.78 and a two-hundred day moving average price of $47.88. Dimensional National Municipal Bond ETF has a 12-month low of $45.70 and a 12-month 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.