RAM Investment Partners LLC Grows Stock Position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

RAM Investment Partners LLC grew its position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 9.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 404,211 shares of the company’s stock after acquiring an additional 34,212 shares during the quarter. Dimensional National Municipal Bond ETF makes up approximately 4.7% of RAM Investment Partners LLC’s holdings, making the stock its 8th largest position. RAM Investment Partners LLC owned 1.55% of Dimensional National Municipal Bond ETF worth $19,309,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in DFNM. First Horizon Advisors Inc. bought a new stake in Dimensional National Municipal Bond ETF during the third quarter valued at $45,000. MilWealth Group LLC bought a new stake in shares of Dimensional National Municipal Bond ETF during the 4th quarter valued at about $96,000. Dopkins Wealth Management LLC bought a new stake in shares of Dimensional National Municipal Bond ETF during the 3rd quarter valued at about $200,000. JDH Wealth Management LLC acquired a new stake in Dimensional National Municipal Bond ETF during the fourth quarter worth about $207,000. Finally, B.O.S.S. Retirement Advisors LLC bought a new position in Dimensional National Municipal Bond ETF in the third quarter worth about $219,000.

Dimensional National Municipal Bond ETF Stock Down 0.1 %

NYSEARCA:DFNM opened at $48.06 on Monday. The stock has a 50 day moving average of $47.93 and a 200-day moving average of $48.13. Dimensional National Municipal Bond ETF has a 52 week low of $47.40 and a 52 week high of $48.67.

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.