RAM Investment Partners LLC increased its holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM – Free Report) by 9.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 404,211 shares of the company’s stock after purchasing an additional 34,212 shares during the quarter. Dimensional National Municipal Bond ETF comprises about 4.7% of RAM Investment Partners LLC’s portfolio, making the stock its 8th biggest holding. RAM Investment Partners LLC’s holdings in Dimensional National Municipal Bond ETF were worth $19,309,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in DFNM. First Horizon Advisors Inc. bought a new position in shares of Dimensional National Municipal Bond ETF in the third quarter worth $45,000. MilWealth Group LLC bought a new stake in shares of Dimensional National Municipal Bond ETF during the fourth quarter valued at about $96,000. Dopkins Wealth Management LLC acquired a new stake in Dimensional National Municipal Bond ETF in the third quarter worth about $200,000. JDH Wealth Management LLC bought a new position in Dimensional National Municipal Bond ETF in the 4th quarter valued at about $207,000. Finally, B.O.S.S. Retirement Advisors LLC acquired a new position in Dimensional National Municipal Bond ETF during the 3rd quarter valued at about $219,000.
Dimensional National Municipal Bond ETF Stock Down 0.1 %
Shares of NYSEARCA:DFNM opened at $48.06 on Monday. The company has a 50 day moving average of $47.93 and a 200-day moving average of $48.13. Dimensional National Municipal Bond ETF has a twelve month low of $47.40 and a twelve month high of $48.67.
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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