Vestment Financial LLC Purchases New Stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Vestment Financial LLC acquired a new position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 184,963 shares of the company’s stock, valued at approximately $8,839,000. Dimensional National Municipal Bond ETF accounts for approximately 6.8% of Vestment Financial LLC’s investment portfolio, making the stock its 4th biggest position.

Other hedge funds have also recently added to or reduced their stakes in the company. J.W. Cole Advisors Inc. lifted its position in shares of Dimensional National Municipal Bond ETF by 3.0% in the 4th quarter. J.W. Cole Advisors Inc. now owns 8,300 shares of the company’s stock worth $396,000 after buying an additional 240 shares during the last quarter. Main Street Financial Solutions LLC grew its position in shares of Dimensional National Municipal Bond ETF by 1.3% during the 4th quarter. Main Street Financial Solutions LLC now owns 21,082 shares of the company’s stock valued at $1,007,000 after buying an additional 275 shares during the last quarter. LJI Wealth Management LLC raised its stake in Dimensional National Municipal Bond ETF by 3.4% during the fourth quarter. LJI Wealth Management LLC now owns 9,131 shares of the company’s stock worth $436,000 after acquiring an additional 300 shares during the period. Dynamic Advisor Solutions LLC lifted its holdings in Dimensional National Municipal Bond ETF by 2.6% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 11,942 shares of the company’s stock worth $570,000 after acquiring an additional 301 shares during the last quarter. Finally, Sigma Planning Corp boosted its stake in Dimensional National Municipal Bond ETF by 6.9% in the fourth quarter. Sigma Planning Corp now owns 5,565 shares of the company’s stock valued at $266,000 after acquiring an additional 357 shares during the period.

Dimensional National Municipal Bond ETF Stock Down 0.0%

NYSEARCA:DFNM opened at $47.40 on Monday. The stock has a 50 day moving average of $47.35 and a 200-day moving average of $47.76. Dimensional National Municipal Bond ETF has a 52 week low of $46.24 and a 52 week high of $48.67.

About Dimensional National Municipal Bond ETF

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.