Focus Partners Advisor Solutions LLC Grows Position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Focus Partners Advisor Solutions LLC raised its position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 84.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 468,347 shares of the company’s stock after purchasing an additional 214,093 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Dimensional National Municipal Bond ETF were worth $22,373,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its holdings in shares of Dimensional National Municipal Bond ETF by 5,195.7% in the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 3,943,633 shares of the company’s stock worth $188,387,000 after buying an additional 3,869,164 shares during the period. Truepoint Inc. increased its stake in Dimensional National Municipal Bond ETF by 3.4% in the fourth quarter. Truepoint Inc. now owns 2,700,098 shares of the company’s stock worth $128,984,000 after purchasing an additional 88,948 shares during the period. Focus Partners Wealth lifted its position in shares of Dimensional National Municipal Bond ETF by 32.2% during the fourth quarter. Focus Partners Wealth now owns 1,928,913 shares of the company’s stock worth $92,144,000 after purchasing an additional 469,893 shares during the last quarter. GeoWealth Management LLC boosted its stake in shares of Dimensional National Municipal Bond ETF by 5.0% during the fourth quarter. GeoWealth Management LLC now owns 1,006,570 shares of the company’s stock valued at $48,084,000 after purchasing an additional 48,339 shares during the period. Finally, Rather & Kittrell Inc. boosted its stake in shares of Dimensional National Municipal Bond ETF by 10.4% during the fourth quarter. Rather & Kittrell Inc. now owns 698,195 shares of the company’s stock valued at $33,353,000 after purchasing an additional 66,027 shares during the period.

Dimensional National Municipal Bond ETF Stock Performance

NYSEARCA DFNM opened at $47.29 on Wednesday. Dimensional National Municipal Bond ETF has a 12 month low of $46.24 and a 12 month high of $48.67. The company’s 50-day moving average price is $47.33 and its 200-day moving average price is $47.75.

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.