Commonwealth Equity Services LLC Purchases 46,826 Shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Commonwealth Equity Services LLC lifted its position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 9.2% during the fourth quarter, HoldingsChannel reports. The firm owned 555,237 shares of the company’s stock after buying an additional 46,826 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Dimensional National Municipal Bond ETF were worth $26,935,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Glass Jacobson Investment Advisors llc acquired a new stake in Dimensional National Municipal Bond ETF during the 3rd quarter worth $25,000. GPS Wealth Strategies Group LLC acquired a new position in Dimensional National Municipal Bond ETF in the fourth quarter valued at about $180,000. Alpha Financial Advisors LLC bought a new stake in shares of Dimensional National Municipal Bond ETF in the fourth quarter worth about $204,000. McIlrath & Eck LLC raised its position in shares of Dimensional National Municipal Bond ETF by 1,135.4% during the third quarter. McIlrath & Eck LLC now owns 4,645 shares of the company’s stock worth $216,000 after purchasing an additional 4,269 shares during the period. Finally, Breakwater Capital Group bought a new position in shares of Dimensional National Municipal Bond ETF during the 4th quarter valued at about $240,000.

Dimensional National Municipal Bond ETF Trading Up 0.2 %

Shares of DFNM opened at $47.82 on Monday. The stock has a 50 day simple moving average of $48.00 and a 200 day simple moving average of $47.89. Dimensional National Municipal Bond ETF has a 52-week low of $46.10 and a 52-week high of $48.59.

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.