Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) Shares Acquired by CPA Asset Management LLC

CPA Asset Management LLC increased its stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 12.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 30,383 shares of the company’s stock after acquiring an additional 3,397 shares during the period. Dimensional National Municipal Bond ETF comprises about 0.7% of CPA Asset Management LLC’s portfolio, making the stock its 25th biggest position. CPA Asset Management LLC’s holdings in Dimensional National Municipal Bond ETF were worth $1,451,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in DFNM. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its holdings in Dimensional National Municipal Bond ETF by 5,195.7% during the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 3,943,633 shares of the company’s stock worth $188,387,000 after buying an additional 3,869,164 shares in the last quarter. Strathmore Capital Advisors Inc. purchased a new stake in Dimensional National Municipal Bond ETF during the fourth quarter worth about $17,561,000. Yardley Wealth Management LLC purchased a new stake in Dimensional National Municipal Bond ETF during the third quarter worth about $12,247,000. Life Planning Partners Inc purchased a new stake in Dimensional National Municipal Bond ETF during the fourth quarter worth about $11,866,000. Finally, Vested Financial Planning LLC purchased a new stake in Dimensional National Municipal Bond ETF during the fourth quarter worth about $8,924,000.

Dimensional National Municipal Bond ETF Price Performance

DFNM stock opened at $48.15 on Wednesday. Dimensional National Municipal Bond ETF has a 52 week low of $47.40 and a 52 week high of $48.67. The company’s 50-day moving average price is $47.85 and its 200 day moving average price is $48.11.

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.