Dimensional National Municipal Bond ETF (NYSEARCA:DFNM – Get Free Report) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 40,727 shares, a drop of 54.7% from the July 30th total of 89,829 shares. Based on an average daily volume of 213,367 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are short sold.
Institutional Trading of Dimensional National Municipal Bond ETF
Large investors have recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. boosted its position in 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 acquiring an additional 911 shares during the period. Blueline Advisors LLC acquired a new position in shares of Dimensional National Municipal Bond ETF during the fourth quarter valued at $114,000. Advisory Services Network LLC bought a new stake in shares of Dimensional National Municipal Bond ETF during the third quarter valued at about $146,000. Operose Advisors LLC bought a new stake in shares of Dimensional National Municipal Bond ETF during the fourth quarter valued at about $155,000. Finally, Raymond James Financial Inc. acquired a new stake in Dimensional National Municipal Bond ETF in the second quarter worth about $202,000.
Dimensional National Municipal Bond ETF Stock Performance
Shares of DFNM traded down $0.04 during mid-day trading on Friday, reaching $47.53. 248,463 shares of the company’s stock traded hands, compared to its average volume of 174,051. The business’s 50-day moving average price is $47.94 and its 200-day moving average price is $48.18. Dimensional National Municipal Bond ETF has a 12 month low of $47.33 and a 12 month high of $48.87.
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.
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