Sage Rhino Capital LLC Reduces Stock Position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Sage Rhino Capital LLC lessened its holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 4.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 48,594 shares of the company’s stock after selling 2,156 shares during the quarter. Sage Rhino Capital LLC owned approximately 0.26% of Dimensional National Municipal Bond ETF worth $2,357,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Glass Jacobson Investment Advisors llc acquired a new position in Dimensional National Municipal Bond ETF in the third quarter valued at $25,000. GPS Wealth Strategies Group LLC acquired a new position in Dimensional National Municipal Bond ETF in the fourth quarter valued at $180,000. McIlrath & Eck LLC boosted its stake in Dimensional National Municipal Bond ETF by 1,135.4% in the third quarter. McIlrath & Eck LLC now owns 4,645 shares of the company’s stock valued at $216,000 after acquiring an additional 4,269 shares in the last quarter. Breakwater Capital Group acquired a new position in Dimensional National Municipal Bond ETF in the fourth quarter valued at $240,000. Finally, Seaside Wealth Management Inc. acquired a new position in Dimensional National Municipal Bond ETF in the fourth quarter valued at $246,000.

Dimensional National Municipal Bond ETF Price Performance

Shares of DFNM traded down $0.01 during mid-day trading on Tuesday, hitting $47.68. 66,672 shares of the company’s stock were exchanged, compared to its average volume of 93,700. Dimensional National Municipal Bond ETF has a fifty-two week low of $46.10 and a fifty-two week high of $48.59. The business’s 50 day moving average is $48.04 and its two-hundred day moving average is $47.85.

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.