BWM Planning LLC Purchases Shares of 6,673 Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

BWM Planning LLC purchased a new stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,673 shares of the company’s stock, valued at approximately $324,000.

Several other hedge funds also recently added to or reduced their stakes in DFNM. Foster Group Inc. increased its stake in Dimensional National Municipal Bond ETF by 1,197.6% in the first quarter. Foster Group Inc. now owns 1,256,885 shares of the company’s stock valued at $60,444,000 after purchasing an additional 1,160,025 shares during the last quarter. Buckingham Strategic Wealth LLC grew its position in shares of Dimensional National Municipal Bond ETF by 3,173.1% during the fourth quarter. Buckingham Strategic Wealth LLC now owns 705,547 shares of the company’s stock worth $34,226,000 after acquiring an additional 683,991 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of Dimensional National Municipal Bond ETF by 371.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 472,530 shares of the company’s stock worth $22,724,000 after acquiring an additional 372,239 shares during the last quarter. Truepoint Inc. grew its position in shares of Dimensional National Municipal Bond ETF by 12.1% during the first quarter. Truepoint Inc. now owns 2,663,215 shares of the company’s stock worth $128,074,000 after acquiring an additional 286,632 shares during the last quarter. Finally, Confluence Investment Management LLC purchased a new position in shares of Dimensional National Municipal Bond ETF during the first quarter worth approximately $11,075,000.

Dimensional National Municipal Bond ETF Stock Performance

Shares of DFNM traded down $0.04 during mid-day trading on Friday, reaching $48.31. 2,237 shares of the company’s stock were exchanged, compared to its average volume of 87,161. The business’s fifty day simple moving average is $48.37 and its 200-day simple moving average is $48.02. Dimensional National Municipal Bond ETF has a 52-week low of $46.10 and a 52-week high of $48.67.

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.