Truepoint Inc. Buys 88,948 Shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Truepoint Inc. boosted its position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 3.4% in the 4th quarter, HoldingsChannel reports. The firm owned 2,700,098 shares of the company’s stock after purchasing an additional 88,948 shares during the period. Dimensional National Municipal Bond ETF makes up about 3.5% of Truepoint Inc.’s holdings, making the stock its 9th largest holding. Truepoint Inc. owned 0.10% of Dimensional National Municipal Bond ETF worth $128,984,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its stake in shares of Dimensional National Municipal Bond ETF by 5,195.7% during the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 3,943,633 shares of the company’s stock valued at $188,387,000 after buying an additional 3,869,164 shares during the period. Strathmore Capital Advisors Inc. purchased a new position in shares of Dimensional National Municipal Bond ETF during the 4th quarter worth $17,561,000. Life Planning Partners Inc purchased a new position in Dimensional National Municipal Bond ETF during the fourth quarter worth about $11,866,000. Vested Financial Planning LLC acquired a new stake in Dimensional National Municipal Bond ETF in the 4th quarter worth about $8,924,000. Finally, David Wealth Management LLC purchased a new stake in Dimensional National Municipal Bond ETF in the 4th quarter valued at about $7,953,000.

Dimensional National Municipal Bond ETF Price Performance

DFNM opened at $47.85 on Friday. Dimensional National Municipal Bond ETF has a 1 year low of $47.40 and a 1 year high of $48.67. The company’s 50 day simple moving average is $47.93 and its 200 day simple moving average is $48.08.

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.