Brown Brothers Harriman & Co. Makes New Investment in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Brown Brothers Harriman & Co. acquired a new stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 27,375 shares of the company’s stock, valued at approximately $1,329,000. Brown Brothers Harriman & Co. owned about 0.11% of Dimensional National Municipal Bond ETF at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Family Capital Management Inc. grew its holdings in shares of Dimensional National Municipal Bond ETF by 26.9% during the 3rd quarter. Family Capital Management Inc. now owns 9,592 shares of the company’s stock valued at $466,000 after purchasing an additional 2,035 shares during the last quarter. Truepoint Inc. boosted its position in Dimensional National Municipal Bond ETF by 0.8% during the third quarter. Truepoint Inc. now owns 2,611,150 shares of the company’s stock valued at $126,745,000 after buying an additional 20,203 shares during the period. Great Valley Advisor Group Inc. grew its stake in shares of Dimensional National Municipal Bond ETF by 0.8% during the third quarter. Great Valley Advisor Group Inc. now owns 31,311 shares of the company’s stock valued at $1,520,000 after buying an additional 241 shares during the last quarter. First Horizon Advisors Inc. purchased a new position in shares of Dimensional National Municipal Bond ETF in the third quarter worth about $45,000. Finally, Yardley Wealth Management LLC bought a new stake in shares of Dimensional National Municipal Bond ETF in the 3rd quarter valued at about $12,247,000.

Dimensional National Municipal Bond ETF Stock Performance

DFNM opened at $48.17 on Wednesday. The stock’s 50 day simple moving average is $48.21 and its 200 day simple moving average is $48.08. 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.