Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) Shares Acquired by Shearwater Capital LLC

Shearwater Capital LLC lifted its position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 34.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 31,094 shares of the company’s stock after purchasing an additional 7,899 shares during the quarter. Dimensional National Municipal Bond ETF comprises 1.3% of Shearwater Capital LLC’s holdings, making the stock its 11th largest position. Shearwater Capital LLC owned approximately 0.19% of Dimensional National Municipal Bond ETF worth $1,481,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Advisor Group Holdings Inc. acquired a new position in Dimensional National Municipal Bond ETF during the first quarter valued at $90,000. Laurel Wealth Advisors Inc. raised its stake in shares of Dimensional National Municipal Bond ETF by 6.1% during the 1st quarter. Laurel Wealth Advisors Inc. now owns 7,917 shares of the company’s stock valued at $384,000 after buying an additional 456 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Dimensional National Municipal Bond ETF by 280.6% in the first quarter. Jane Street Group LLC now owns 58,286 shares of the company’s stock worth $2,825,000 after buying an additional 42,972 shares during the last quarter. UBS Group AG grew its holdings in Dimensional National Municipal Bond ETF by 81.0% during the second quarter. UBS Group AG now owns 1,068 shares of the company’s stock worth $51,000 after acquiring an additional 478 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in Dimensional National Municipal Bond ETF by 0.9% during the third quarter. Envestnet Asset Management Inc. now owns 36,673 shares of the company’s stock valued at $1,711,000 after acquiring an additional 310 shares in the last quarter.

Dimensional National Municipal Bond ETF Stock Down 0.1 %

DFNM stock traded down $0.05 during trading on Thursday, hitting $47.12. 16,011 shares of the company traded hands, compared to its average volume of 96,406. Dimensional National Municipal Bond ETF has a 1 year low of $46.44 and a 1 year high of $48.72. The stock’s 50-day simple moving average is $47.42 and its 200 day simple moving average is $47.69.

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.