Dimensional National Municipal Bond ETF $DFNM Shares Purchased by Sequoia Financial Advisors LLC
by Renee Jackson · The Cerbat GemSequoia Financial Advisors LLC increased its position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM – Free Report) by 3.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 849,872 shares of the company’s stock after purchasing an additional 32,051 shares during the quarter. Sequoia Financial Advisors LLC owned 2.06% of Dimensional National Municipal Bond ETF worth $40,938,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Ponta Wealth Partners LLC acquired a new stake in shares of Dimensional National Municipal Bond ETF during the fourth quarter worth about $377,000. McIlrath & Eck LLC lifted its holdings in shares of Dimensional National Municipal Bond ETF by 44.9% during the fourth quarter. McIlrath & Eck LLC now owns 5,754 shares of the company’s stock worth $277,000 after purchasing an additional 1,783 shares during the period. Triune Financial Partners LLC lifted its holdings in shares of Dimensional National Municipal Bond ETF by 91.3% during the fourth quarter. Triune Financial Partners LLC now owns 18,061 shares of the company’s stock worth $876,000 after purchasing an additional 8,621 shares during the period. Truist Financial Corp lifted its holdings in shares of Dimensional National Municipal Bond ETF by 7.8% during the fourth quarter. Truist Financial Corp now owns 66,497 shares of the company’s stock worth $3,203,000 after purchasing an additional 4,802 shares during the period. Finally, Verus Financial Partners Inc. lifted its holdings in shares of Dimensional National Municipal Bond ETF by 2.9% during the fourth quarter. Verus Financial Partners Inc. now owns 93,506 shares of the company’s stock worth $4,529,000 after purchasing an additional 2,645 shares during the period.
Dimensional National Municipal Bond ETF Stock Up 0.1%
Dimensional National Municipal Bond ETF stock opened at $48.27 on Thursday. Dimensional National Municipal Bond ETF has a 52 week low of $47.09 and a 52 week high of $48.87. The stock has a 50-day moving average price of $48.30 and a 200 day moving average price of $48.33.
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.