West Financial Advisors LLC Has $8.27 Million Position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

West Financial Advisors LLC cut its stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 6.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 173,115 shares of the company’s stock after selling 11,019 shares during the period. Dimensional National Municipal Bond ETF makes up about 1.6% of West Financial Advisors LLC’s portfolio, making the stock its 15th biggest holding. West Financial Advisors LLC’s holdings in Dimensional National Municipal Bond ETF were worth $8,270,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently modified their holdings of DFNM. Bleakley Financial Group LLC increased its position in shares of Dimensional National Municipal Bond ETF by 36.9% in the third quarter. Bleakley Financial Group LLC now owns 10,740 shares of the company’s stock worth $521,000 after purchasing an additional 2,894 shares during the period. Stifel Financial Corp increased its holdings in Dimensional National Municipal Bond ETF by 3.3% in the 3rd quarter. Stifel Financial Corp now owns 100,881 shares of the company’s stock valued at $4,897,000 after buying an additional 3,245 shares during the period. RW Investment Management LLC raised its position in shares of Dimensional National Municipal Bond ETF by 1.3% in the 2nd quarter. RW Investment Management LLC now owns 93,216 shares of the company’s stock valued at $4,453,000 after buying an additional 1,171 shares in the last quarter. Verus Financial Partners Inc. lifted its holdings in shares of Dimensional National Municipal Bond ETF by 1.8% during the 3rd quarter. Verus Financial Partners Inc. now owns 79,414 shares of the company’s stock worth $3,858,000 after acquiring an additional 1,417 shares during the period. Finally, Jane Street Group LLC acquired a new stake in shares of Dimensional National Municipal Bond ETF during the 3rd quarter worth approximately $1,147,000.

Dimensional National Municipal Bond ETF Price Performance

Shares of NYSEARCA:DFNM opened at $47.67 on Thursday. Dimensional National Municipal Bond ETF has a 1 year low of $47.40 and a 1 year high of $48.67. The company’s 50 day simple moving average is $47.99 and its 200 day simple moving average is $48.13.

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.