Dimensional National Municipal Bond ETF $DFNM Shares Bought by Truepoint Inc.

by · The Cerbat Gem

Truepoint Inc. raised its holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM – Free Report) by 8.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,859,809 shares of the company’s stock after purchasing an additional 221,963 shares during the quarter. Dimensional National Municipal Bond ETF accounts for approximately 3.2% of Truepoint Inc.’s investment portfolio, making the stock its 10th biggest holding. Truepoint Inc. owned 7.73% of Dimensional National Municipal Bond ETF worth $137,214,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. MAI Capital Management acquired a new stake in Dimensional National Municipal Bond ETF during the third quarter worth about $36,000. Geneos Wealth Management Inc. grew its stake in shares of Dimensional National Municipal Bond ETF by 292.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,223 shares of the company’s stock worth $58,000 after purchasing an additional 911 shares during the period. Nemes Rush Group LLC increased its holdings in shares of Dimensional National Municipal Bond ETF by 40.4% during the 2nd quarter. Nemes Rush Group LLC now owns 1,460 shares of the company’s stock valued at $69,000 after purchasing an additional 420 shares in the last quarter. CWM LLC lifted its stake in shares of Dimensional National Municipal Bond ETF by 143.7% in the 3rd quarter. CWM LLC now owns 2,052 shares of the company’s stock valued at $98,000 after purchasing an additional 1,210 shares during the period. Finally, Cary Street Partners Investment Advisory LLC boosted its holdings in Dimensional National Municipal Bond ETF by 32.1% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 2,775 shares of the company’s stock worth $133,000 after buying an additional 674 shares in the last quarter.

Dimensional National Municipal Bond ETF Stock Performance

DFNM stock opened at $48.56 on Friday. Dimensional National Municipal Bond ETF has a one year low of $46.24 and a one year high of $48.87. The firm’s fifty day moving average is $48.53 and its 200 day moving average is $48.21.

Dimensional National Municipal Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 20th. Stockholders of record on Wednesday, February 18th were given a dividend of $0.1025 per share. This is a boost from Dimensional National Municipal Bond ETF’s previous monthly dividend of $0.04. The ex-dividend date was Wednesday, February 18th. This represents a c) dividend on an annualized basis and a dividend yield of 2.5%.

Dimensional National Municipal Bond ETF Company Profile

(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.

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