Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) Sees Strong Trading Volume – Here’s Why

Posted by Brenda Bartman on Apr 9th, 2025

Dimensional National Municipal Bond ETF (NYSEARCA:DFNM – Get Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 539,648 shares were traded during trading, an increase of 443% from the previous session’s volume of 99,391 shares.The stock last traded at $46.83 and had previously closed at $46.95.

Dimensional National Municipal Bond ETF Trading Down 0.1 %

The stock’s 50-day simple moving average is $47.86 and its two-hundred day simple moving average is $47.99.

Dimensional National Municipal Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were 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 was Tuesday, March 25th.

Hedge Funds Weigh In On Dimensional National Municipal Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of DFNM. Principal Securities Inc. acquired a new position in Dimensional National Municipal Bond ETF in the 4th quarter valued at approximately $40,000. MilWealth Group LLC acquired a new position in shares of Dimensional National Municipal Bond ETF in the fourth quarter valued at $96,000. Navigoe LLC bought a new position in Dimensional National Municipal Bond ETF in the fourth quarter worth $194,000. JDH Wealth Management LLC bought a new position in Dimensional National Municipal Bond ETF in the fourth quarter worth $207,000. Finally, Kings Path Partners LLC bought a new stake in Dimensional National Municipal Bond ETF in the 1st quarter valued at $214,000.

Dimensional National Municipal Bond ETF Company Profile

(Get Free Report)

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.