Beaird Harris Wealth Management LLC Raises Stock Position in Dimensional National Municipal Bond ETF $DFNM

Beaird Harris Wealth Management LLC raised its stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 1.4% during the fourth quarter, Holdings Channel reports. The firm owned 847,860 shares of the company’s stock after buying an additional 11,530 shares during the quarter. Dimensional National Municipal Bond ETF makes up approximately 2.8% of Beaird Harris Wealth Management LLC’s portfolio, making the stock its 14th biggest position. Beaird Harris Wealth Management LLC’s holdings in Dimensional National Municipal Bond ETF were worth $40,841,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of DFNM. SB Capital Management Inc bought a new stake in shares of Dimensional National Municipal Bond ETF during the 4th quarter valued at about $1,892,000. Waterford Advisors LLC bought a new position in Dimensional National Municipal Bond ETF in the fourth quarter worth about $23,838,000. Corient Private Wealth LLC raised its stake in Dimensional National Municipal Bond ETF by 1.9% in the fourth quarter. Corient Private Wealth LLC now owns 58,935 shares of the company’s stock worth $2,839,000 after buying an additional 1,118 shares in the last quarter. Note Advisors LLC raised its stake in Dimensional National Municipal Bond ETF by 34.2% in the fourth quarter. Note Advisors LLC now owns 52,520 shares of the company’s stock worth $2,542,000 after buying an additional 13,394 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV lifted its holdings in Dimensional National Municipal Bond ETF by 40.2% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 36,194 shares of the company’s stock worth $1,743,000 after buying an additional 10,377 shares during the period.

Dimensional National Municipal Bond ETF Stock Performance

Shares of DFNM opened at $48.38 on Friday. The company has a 50-day simple moving average of $48.22 and a two-hundred day simple moving average of $48.31. Dimensional National Municipal Bond ETF has a one year low of $47.15 and a one year 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.