Sequoia Financial Advisors LLC Acquires 16,137 Shares of Dimensional National Municipal Bond ETF $DFNM

Sequoia Financial Advisors LLC grew its holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 1.8% during the second quarter, HoldingsChannel.com reports. The firm owned 896,162 shares of the company’s stock after acquiring an additional 16,137 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Dimensional National Municipal Bond ETF were worth $43,316,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Mosaic Family Wealth Partners LLC grew its holdings in shares of Dimensional National Municipal Bond ETF by 1.9% in the first quarter. Mosaic Family Wealth Partners LLC now owns 11,173 shares of the company’s stock worth $536,000 after purchasing an additional 210 shares during the last quarter. Verus Capital Partners LLC increased its position in shares of 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 during the period. Financial Engines Advisors L.L.C. increased its position in shares of Dimensional National Municipal Bond ETF by 0.5% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 48,400 shares of the company’s stock worth $2,331,000 after acquiring an additional 226 shares during the period. Navigoe LLC raised its stake in shares of Dimensional National Municipal Bond ETF by 5.6% during the first quarter. Navigoe LLC now owns 4,309 shares of the company’s stock valued at $206,000 after acquiring an additional 227 shares in the last quarter. Finally, Signature Resources Capital Management LLC boosted its holdings in shares of Dimensional National Municipal Bond ETF by 0.8% in the first quarter. Signature Resources Capital Management LLC now owns 28,207 shares of the company’s stock valued at $1,352,000 after purchasing an additional 233 shares during the period.

Dimensional National Municipal Bond ETF Price Performance

Shares of NYSEARCA:DFNM opened at $47.09 on Thursday. Dimensional National Municipal Bond ETF has a 52-week low of $47.08 and a 52-week high of $48.87. The business’s 50 day moving average is $47.78 and its 200 day moving average is $48.10.

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.