Financial Counselors Inc. Makes New $364,000 Investment in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Financial Counselors Inc. acquired a new stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 7,622 shares of the company’s stock, valued at approximately $364,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Principal Securities Inc. acquired a new stake in shares of Dimensional National Municipal Bond ETF during the fourth quarter valued at about $40,000. MilWealth Group LLC bought a new stake in Dimensional National Municipal Bond ETF during the 4th quarter worth approximately $96,000. JDH Wealth Management LLC acquired a new position in Dimensional National Municipal Bond ETF in the 4th quarter valued at approximately $207,000. TRU Independence Asset Management 2 LLC bought a new position in shares of Dimensional National Municipal Bond ETF during the fourth quarter valued at $240,000. Finally, Breakwater Capital Group lifted its holdings in shares of Dimensional National Municipal Bond ETF by 11.1% during the fourth quarter. Breakwater Capital Group now owns 5,197 shares of the company’s stock worth $248,000 after purchasing an additional 519 shares during the period.

Dimensional National Municipal Bond ETF Price Performance

Shares of Dimensional National Municipal Bond ETF stock opened at $47.47 on Friday. Dimensional National Municipal Bond ETF has a twelve month low of $47.34 and a twelve month high of $48.67. The company’s fifty day moving average is $47.92 and its 200 day moving average is $48.05.

Dimensional National Municipal Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were given a dividend of $0.1286 per share. This is an increase from Dimensional National Municipal Bond ETF’s previous dividend of $0.10. The ex-dividend date was Tuesday, March 25th.

About Dimensional National Municipal Bond ETF

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.