Verus Financial Partners Inc. lifted its position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM – Free Report) by 1.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 80,692 shares of the company’s stock after buying an additional 1,278 shares during the period. Dimensional National Municipal Bond ETF makes up about 0.4% of Verus Financial Partners Inc.’s portfolio, making the stock its 19th largest position. Verus Financial Partners Inc.’s holdings in Dimensional National Municipal Bond ETF were worth $3,846,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of the company. First Horizon Advisors Inc. acquired a new position in Dimensional National Municipal Bond ETF during the 3rd quarter valued at approximately $45,000. Dopkins Wealth Management LLC purchased a new stake in shares of Dimensional National Municipal Bond ETF during the third quarter valued at $200,000. JDH Wealth Management LLC acquired a new position in shares of Dimensional National Municipal Bond ETF in the 4th quarter valued at $207,000. B.O.S.S. Retirement Advisors LLC purchased a new position in Dimensional National Municipal Bond ETF in the 3rd quarter worth $219,000. Finally, Farther Finance Advisors LLC acquired a new stake in Dimensional National Municipal Bond ETF during the 3rd quarter worth about $240,000.
Dimensional National Municipal Bond ETF Price Performance
Shares of DFNM stock opened at $47.92 on Friday. Dimensional National Municipal Bond ETF has a fifty-two week low of $47.40 and a fifty-two week high of $48.67. The stock’s 50-day simple moving average is $47.94 and its 200-day simple moving average is $48.13.
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.
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