First Ascent Asset Management LLC Trims Stock Holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

First Ascent Asset Management LLC cut its position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 4.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 901,027 shares of the company’s stock after selling 37,316 shares during the quarter. Dimensional National Municipal Bond ETF comprises 4.9% of First Ascent Asset Management LLC’s holdings, making the stock its 8th biggest position. First Ascent Asset Management LLC’s holdings in Dimensional National Municipal Bond ETF were worth $43,709,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of DFNM. AE Wealth Management LLC grew its stake in shares of Dimensional National Municipal Bond ETF by 71.0% in the 3rd quarter. AE Wealth Management LLC now owns 12,436 shares of the company’s stock worth $578,000 after purchasing an additional 5,165 shares during the last quarter. Simplicity Solutions LLC grew its stake in shares of Dimensional National Municipal Bond ETF by 14.8% in the 3rd quarter. Simplicity Solutions LLC now owns 10,273 shares of the company’s stock worth $477,000 after purchasing an additional 1,322 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in shares of Dimensional National Municipal Bond ETF by 4.3% in the 3rd quarter. Commonwealth Equity Services LLC now owns 508,411 shares of the company’s stock worth $23,626,000 after purchasing an additional 20,868 shares during the last quarter. Clear Creek Financial Management LLC acquired a new position in shares of Dimensional National Municipal Bond ETF in the 3rd quarter worth approximately $497,000. Finally, Verus Financial Partners Inc. grew its stake in shares of Dimensional National Municipal Bond ETF by 25.0% in the 3rd quarter. Verus Financial Partners Inc. now owns 69,971 shares of the company’s stock worth $3,264,000 after purchasing an additional 13,999 shares during the last quarter.

Dimensional National Municipal Bond ETF Stock Performance

Shares of Dimensional National Municipal Bond ETF stock traded down $0.02 during trading on Tuesday, hitting $47.67. The stock had a trading volume of 16,944 shares, compared to its average volume of 93,096. The stock has a 50 day simple moving average of $48.04 and a 200 day simple moving average of $47.85. Dimensional National Municipal Bond ETF has a 1 year low of $46.10 and a 1 year high of $48.59.

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.