David Wealth Management LLC Purchases Shares of 166,489 Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

David Wealth Management LLC purchased a new stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 166,489 shares of the company’s stock, valued at approximately $7,953,000. Dimensional National Municipal Bond ETF comprises approximately 6.6% of David Wealth Management LLC’s holdings, making the stock its 5th largest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Truepoint Inc. lifted its stake in shares of Dimensional National Municipal Bond ETF by 0.8% in the 3rd quarter. Truepoint Inc. now owns 2,611,150 shares of the company’s stock worth $126,745,000 after acquiring an additional 20,203 shares during the period. Beaird Harris Wealth Management LLC grew its position in Dimensional National Municipal Bond ETF by 0.7% in the third quarter. Beaird Harris Wealth Management LLC now owns 853,154 shares of the company’s stock worth $41,412,000 after buying an additional 5,553 shares during the last quarter. Rather & Kittrell Inc. grew its holdings in shares of Dimensional National Municipal Bond ETF by 8.9% in the 3rd quarter. Rather & Kittrell Inc. now owns 632,168 shares of the company’s stock worth $30,685,000 after acquiring an additional 51,929 shares during the last quarter. Austin Wealth Management LLC increased its stake in Dimensional National Municipal Bond ETF by 4.3% in the 3rd quarter. Austin Wealth Management LLC now owns 588,429 shares of the company’s stock worth $28,556,000 after purchasing an additional 24,192 shares in the last quarter. Finally, Apella Capital LLC raised its holdings in shares of Dimensional National Municipal Bond ETF by 17.4% during the fourth quarter. Apella Capital LLC now owns 552,649 shares of the company’s stock valued at $26,400,000 after acquiring an additional 82,046 shares during the period.

Dimensional National Municipal Bond ETF Stock Performance

DFNM opened at $48.04 on Wednesday. Dimensional National Municipal Bond ETF has a 12-month low of $47.40 and a 12-month high of $48.67. The stock has a fifty day moving average of $47.91 and a 200-day moving average of $48.13.

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.