Verus Financial Partners Inc. Acquires 116,003 Shares of Dimensional National Municipal Bond ETF $DFNM

Verus Financial Partners Inc. acquired a new position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the 3rd quarter, HoldingsChannel reports. The fund acquired 116,003 shares of the company’s stock, valued at approximately $5,340,000. Dimensional National Municipal Bond ETF accounts for about 0.5% of Verus Financial Partners Inc.’s investment portfolio, making the stock its 22nd largest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vise Technologies Inc. raised its position in Dimensional National Municipal Bond ETF by 20.5% during the 3rd quarter. Vise Technologies Inc. now owns 93,618 shares of the company’s stock worth $4,309,000 after purchasing an additional 15,905 shares during the last quarter. Avestar Capital LLC lifted its holdings in Dimensional National Municipal Bond ETF by 44.3% during the 3rd quarter. Avestar Capital LLC now owns 10,775 shares of the company’s stock worth $496,000 after buying an additional 3,306 shares during the period. Modera Wealth Management LLC acquired a new position in Dimensional National Municipal Bond ETF during the 3rd quarter worth about $2,988,000. Life Planning Partners Inc lifted its holdings in Dimensional National Municipal Bond ETF by 265.3% during the 3rd quarter. Life Planning Partners Inc now owns 35,740 shares of the company’s stock worth $1,645,000 after buying an additional 25,956 shares during the period. Finally, Creative Capital Management Investments LLC grew its position in shares of Dimensional National Municipal Bond ETF by 12.6% in the 3rd quarter. Creative Capital Management Investments LLC now owns 6,454 shares of the company’s stock valued at $297,000 after buying an additional 722 shares during the last quarter.

Dimensional National Municipal Bond ETF Trading Up 0.4%

NYSEARCA DFNM opened at $47.25 on Friday. The business’s 50-day moving average price is $46.78 and its two-hundred day moving average price is $47.88. Dimensional National Municipal Bond ETF has a 12 month low of $45.70 and a 12 month high of $48.87.

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.