Forteris Wealth Management Inc. Makes New Investment in Dimensional National Municipal Bond ETF $DFNM

Forteris Wealth Management Inc. bought a new position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the 4th quarter, Holdings Channel.com reports. The firm bought 11,915 shares of the company’s stock, valued at approximately $574,000.

Several other hedge funds have also recently bought and sold shares of the business. Austin Wealth Management LLC increased its position in Dimensional National Municipal Bond ETF by 15.7% during the fourth quarter. Austin Wealth Management LLC now owns 521,202 shares of the company’s stock worth $25,213,000 after buying an additional 70,862 shares during the last quarter. XY Planning Network Inc. increased its position in Dimensional National Municipal Bond ETF by 73.3% during the fourth quarter. XY Planning Network Inc. now owns 30,636 shares of the company’s stock worth $1,476,000 after buying an additional 12,962 shares during the last quarter. Quarry Hill Advisors LLC increased its position in Dimensional National Municipal Bond ETF by 29.2% during the fourth quarter. Quarry Hill Advisors LLC now owns 64,110 shares of the company’s stock worth $3,088,000 after buying an additional 14,471 shares during the last quarter. Farther Finance Advisors LLC increased its position in Dimensional National Municipal Bond ETF by 49.0% during the fourth quarter. Farther Finance Advisors LLC now owns 26,863 shares of the company’s stock worth $1,294,000 after buying an additional 8,833 shares during the last quarter. Finally, Warburton Capital Management LLC increased its position in Dimensional National Municipal Bond ETF by 89.3% during the fourth quarter. Warburton Capital Management LLC now owns 43,055 shares of the company’s stock worth $2,073,000 after buying an additional 20,314 shares during the last quarter.

Dimensional National Municipal Bond ETF Price Performance

Dimensional National Municipal Bond ETF stock opened at $48.32 on Friday. Dimensional National Municipal Bond ETF has a one year low of $46.74 and a one year high of $48.87. The company’s fifty day moving average price is $48.41 and its two-hundred day moving average price is $48.30.

Dimensional National Municipal Bond ETF 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.