Shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM – Get Free Report) reached a new 52-week low during trading on Monday . The company traded as low as $46.71 and last traded at $46.81, with a volume of 292781 shares. The stock had previously closed at $46.72.
Dimensional National Municipal Bond ETF Stock Up 0.1%
The business’s 50 day moving average price is $47.57 and its two-hundred day moving average price is $48.00.
Hedge Funds Weigh In On Dimensional National Municipal Bond ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Focus Partners Wealth grew its stake in shares of Dimensional National Municipal Bond ETF by 42.5% during the fourth quarter. Focus Partners Wealth now owns 3,662,918 shares of the company’s stock worth $176,443,000 after buying an additional 1,093,169 shares during the last quarter. Truepoint Inc. lifted its stake in shares of Dimensional National Municipal Bond ETF by 4.0% in the 4th quarter. Truepoint Inc. now owns 2,974,080 shares of the company’s stock valued at $143,261,000 after acquiring an additional 114,271 shares during the last quarter. Apella Capital LLC boosted its holdings in shares of Dimensional National Municipal Bond ETF by 20.5% during the 2nd quarter. Apella Capital LLC now owns 1,590,906 shares of the company’s stock valued at $76,814,000 after acquiring an additional 270,730 shares in the last quarter. Foster Group Inc. boosted its holdings in shares of Dimensional National Municipal Bond ETF by 1.6% during the 2nd quarter. Foster Group Inc. now owns 1,483,405 shares of the company’s stock valued at $71,700,000 after acquiring an additional 23,179 shares in the last quarter. Finally, Sequoia Financial Advisors LLC grew its position in Dimensional National Municipal Bond ETF by 1.8% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 896,162 shares of the company’s stock worth $43,316,000 after acquiring an additional 16,137 shares during the last quarter.
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.
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