181,363 Shares of Dimensional National Municipal Bond ETF $DFNM Purchased by Confluence Investment Management LLC

Confluence Investment Management LLC acquired a new stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 181,363 shares of the company’s stock, valued at approximately $8,348,000. Confluence Investment Management LLC owned 0.38% of Dimensional National Municipal Bond ETF as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in DFNM. Dopkins Wealth Management LLC lifted its holdings in shares of Dimensional National Municipal Bond ETF by 9.4% in the 1st quarter. Dopkins Wealth Management LLC now owns 239,917 shares of the company’s stock valued at $11,499,000 after buying an additional 20,573 shares during the period. RAM Investment Partners LLC grew its holdings in Dimensional National Municipal Bond ETF by 22.8% during the fourth quarter. RAM Investment Partners LLC now owns 509,229 shares of the company’s stock worth $24,530,000 after acquiring an additional 94,581 shares during the period. Vise Technologies Inc. raised its position in Dimensional National Municipal Bond ETF by 345.4% in the fourth quarter. Vise Technologies Inc. now owns 40,051 shares of the company’s stock worth $1,929,000 after acquiring an additional 31,059 shares in the last quarter. Tandemgrowth Financial Advisors LLC purchased a new position in Dimensional National Municipal Bond ETF in the fourth quarter worth $2,689,000. Finally, Evanson Financial LLC acquired a new stake in Dimensional National Municipal Bond ETF in the second quarter valued at $1,694,000.

Dimensional National Municipal Bond ETF Price Performance

Shares of NYSEARCA DFNM traded up $0.26 during trading on Thursday, hitting $46.29. 281,596 shares of the company were exchanged, compared to its average volume of 213,713. Dimensional National Municipal Bond ETF has a 1 year low of $45.70 and a 1 year high of $48.87. The firm’s fifty day moving average price is $47.27 and its 200 day moving average price is $47.87.

Dimensional National Municipal Bond ETF 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.