SwitchPoint Financial Planning LLC Takes Position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

SwitchPoint Financial Planning LLC purchased a new position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 43,241 shares of the company’s stock, valued at approximately $2,066,000. Dimensional National Municipal Bond ETF makes up approximately 2.0% of SwitchPoint Financial Planning LLC’s portfolio, making the stock its 13th largest position. SwitchPoint Financial Planning LLC owned approximately 0.17% of Dimensional National Municipal Bond ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. J.W. Cole Advisors Inc. boosted its position in Dimensional National Municipal Bond ETF by 3.0% in the 4th quarter. J.W. Cole Advisors Inc. now owns 8,300 shares of the company’s stock valued at $396,000 after buying an additional 240 shares during the last quarter. Great Valley Advisor Group Inc. boosted its holdings in Dimensional National Municipal Bond ETF by 0.8% in the third quarter. Great Valley Advisor Group Inc. now owns 31,311 shares of the company’s stock valued at $1,520,000 after purchasing an additional 241 shares during the last quarter. LJI Wealth Management LLC grew its stake in Dimensional National Municipal Bond ETF by 3.4% during the 4th quarter. LJI Wealth Management LLC now owns 9,131 shares of the company’s stock valued at $436,000 after purchasing an additional 300 shares in the last quarter. Dynamic Advisor Solutions LLC grew its stake in Dimensional National Municipal Bond ETF by 2.6% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 11,942 shares of the company’s stock valued at $570,000 after purchasing an additional 301 shares in the last quarter. Finally, Sigma Planning Corp increased its holdings in Dimensional National Municipal Bond ETF by 6.9% during the 4th quarter. Sigma Planning Corp now owns 5,565 shares of the company’s stock worth $266,000 after purchasing an additional 357 shares during the last quarter.

Dimensional National Municipal Bond ETF Trading Down 0.4 %

Dimensional National Municipal Bond ETF stock opened at $47.62 on Wednesday. Dimensional National Municipal Bond ETF has a 52 week low of $47.40 and a 52 week high of $48.67. The stock has a 50 day moving average of $47.94 and a 200-day moving average of $48.07.

Dimensional National Municipal Bond ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th will be paid 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 is Tuesday, March 25th.

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.