Websterrogers Financial Advisors LLC Has $1.13 Million Stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Websterrogers Financial Advisors LLC reduced its stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 1.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 23,586 shares of the company’s stock after selling 300 shares during the quarter. Websterrogers Financial Advisors LLC’s holdings in Dimensional National Municipal Bond ETF were worth $1,127,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. First Horizon Advisors Inc. acquired a new stake in shares of Dimensional National Municipal Bond ETF during the third quarter worth about $45,000. Dopkins Wealth Management LLC acquired a new stake in shares of Dimensional National Municipal Bond ETF in the 3rd quarter valued at approximately $200,000. B.O.S.S. Retirement Advisors LLC bought a new position in shares of Dimensional National Municipal Bond ETF in the third quarter valued at $219,000. Choreo LLC acquired a new position in shares of Dimensional National Municipal Bond ETF during the 2nd quarter worth about $220,000. Finally, Farther Finance Advisors LLC acquired a new position in Dimensional National Municipal Bond ETF during the third quarter worth approximately $240,000.

Dimensional National Municipal Bond ETF Stock Performance

DFNM opened at $47.67 on Thursday. The stock’s fifty day simple moving average is $47.99 and its 200 day simple moving average is $48.13. Dimensional National Municipal Bond ETF has a 1-year low of $47.40 and a 1-year high of $48.67.

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.