Root Financial Partners LLC Acquires 12,444 Shares of Dimensional National Municipal Bond ETF $DFNM

Root Financial Partners LLC lifted its holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 19.4% during the first quarter, Holdings Channel reports. The institutional investor owned 76,596 shares of the company’s stock after acquiring an additional 12,444 shares during the quarter. Root Financial Partners LLC’s holdings in Dimensional National Municipal Bond ETF were worth $3,671,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Vantage Point Financial LLC lifted its position in Dimensional National Municipal Bond ETF by 3.1% during the 4th quarter. Vantage Point Financial LLC now owns 7,135 shares of the company’s stock valued at $344,000 after acquiring an additional 217 shares during the period. Verus Capital Partners LLC boosted its stake in Dimensional National Municipal Bond ETF by 2.2% during the fourth quarter. Verus Capital Partners LLC now owns 10,295 shares of the company’s stock worth $496,000 after acquiring an additional 221 shares in the last quarter. Financial Engines Advisors L.L.C. grew its holdings in Dimensional National Municipal Bond ETF by 0.5% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 48,400 shares of the company’s stock worth $2,331,000 after purchasing an additional 226 shares during the period. RCS Financial Planning LLC grew its holdings in Dimensional National Municipal Bond ETF by 3.5% in the fourth quarter. RCS Financial Planning LLC now owns 9,543 shares of the company’s stock worth $460,000 after purchasing an additional 319 shares during the period. Finally, Colonial Trust Co SC increased its stake in shares of Dimensional National Municipal Bond ETF by 5.5% during the fourth quarter. Colonial Trust Co SC now owns 6,152 shares of the company’s stock valued at $296,000 after purchasing an additional 321 shares in the last quarter.

Dimensional National Municipal Bond ETF Stock Performance

DFNM stock opened at $48.33 on Thursday. The firm has a 50 day moving average price of $48.22 and a 200-day moving average price of $48.32. Dimensional National Municipal Bond ETF has a 52-week low of $47.15 and a 52-week 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.