Warburton Capital Management LLC Makes New $471,000 Investment in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Warburton Capital Management LLC purchased a new position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,871 shares of the company’s stock, valued at approximately $471,000. Dimensional National Municipal Bond ETF accounts for 0.4% of Warburton Capital Management LLC’s investment portfolio, making the stock its 19th biggest position.

A number of other hedge funds have also modified their holdings of DFNM. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its position in shares of Dimensional National Municipal Bond ETF by 5,195.7% in 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 purchasing an additional 3,869,164 shares during the period. Strathmore Capital Advisors Inc. bought a new position in shares of Dimensional National Municipal Bond ETF in the fourth quarter worth approximately $17,561,000. Yardley Wealth Management LLC bought a new position in shares of Dimensional National Municipal Bond ETF in the third quarter worth approximately $12,247,000. Life Planning Partners Inc bought a new position in shares of Dimensional National Municipal Bond ETF in the fourth quarter worth approximately $11,866,000. Finally, Vested Financial Planning LLC bought a new position in shares of Dimensional National Municipal Bond ETF in the fourth quarter worth approximately $8,924,000.

Dimensional National Municipal Bond ETF Stock Performance

Shares of NYSEARCA:DFNM opened at $47.97 on Wednesday. The firm has a fifty day moving average price of $47.93 and a 200 day moving average price of $48.10. Dimensional National Municipal Bond ETF has a fifty-two week low of $47.40 and a fifty-two week high of $48.67.

Dimensional National Municipal Bond ETF 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.