Sequoia Financial Advisors LLC Has $29.31 Million Stock Holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Sequoia Financial Advisors LLC raised its holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 10.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 613,517 shares of the company’s stock after acquiring an additional 55,789 shares during the quarter. Sequoia Financial Advisors LLC owned approximately 2.36% of Dimensional National Municipal Bond ETF worth $29,308,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Principal Securities Inc. bought a new stake in shares of Dimensional National Municipal Bond ETF in the 4th quarter valued at about $40,000. First Horizon Advisors Inc. bought a new position in Dimensional National Municipal Bond ETF in the third quarter worth approximately $45,000. MilWealth Group LLC acquired a new stake in Dimensional National Municipal Bond ETF in the fourth quarter valued at approximately $96,000. Dopkins Wealth Management LLC bought a new stake in shares of Dimensional National Municipal Bond ETF during the third quarter valued at approximately $200,000. Finally, JDH Wealth Management LLC acquired a new position in shares of Dimensional National Municipal Bond ETF during the fourth quarter worth approximately $207,000.

Dimensional National Municipal Bond ETF Price Performance

NYSEARCA DFNM opened at $47.97 on Wednesday. The company has a fifty day simple moving average of $47.93 and a 200 day simple moving average of $48.10. Dimensional National Municipal Bond ETF has a 12-month low of $47.40 and a 12-month 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.