Breakwater Capital Group Boosts Stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Breakwater Capital Group lifted its holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 11.1% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,197 shares of the company’s stock after buying an additional 519 shares during the period. Breakwater Capital Group’s holdings in Dimensional National Municipal Bond ETF were worth $248,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. First Horizon Advisors Inc. purchased a new stake in Dimensional National Municipal Bond ETF during the third quarter worth about $45,000. Dopkins Wealth Management LLC bought a new position in shares of Dimensional National Municipal Bond ETF during the 3rd quarter valued at approximately $200,000. B.O.S.S. Retirement Advisors LLC purchased a new stake in shares of Dimensional National Municipal Bond ETF during the 3rd quarter worth approximately $219,000. Choreo LLC bought a new stake in shares of Dimensional National Municipal Bond ETF in the 2nd quarter worth approximately $220,000. Finally, Farther Finance Advisors LLC purchased a new position in Dimensional National Municipal Bond ETF in the third quarter valued at approximately $240,000.

Dimensional National Municipal Bond ETF Price Performance

Shares of NYSEARCA DFNM opened at $47.59 on Wednesday. The stock has a fifty day simple moving average of $48.01 and a two-hundred day simple moving average of $48.14. Dimensional National Municipal Bond ETF has a 1-year low of $47.40 and a 1-year high of $48.67.

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.