Foster Group Inc. Sells 49,671 Shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Foster Group Inc. lessened its holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 4.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,144,068 shares of the company’s stock after selling 49,671 shares during the period. Dimensional National Municipal Bond ETF accounts for approximately 2.1% of Foster Group Inc.’s holdings, making the stock its 16th biggest position. Foster Group Inc. owned about 4.40% of Dimensional National Municipal Bond ETF worth $54,652,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Landmark Wealth Management LLC grew its position in shares of Dimensional National Municipal Bond ETF by 3.3% during the fourth quarter. Landmark Wealth Management LLC now owns 47,837 shares of the company’s stock valued at $2,285,000 after purchasing an additional 1,513 shares in the last quarter. TRU Independence Asset Management 2 LLC purchased a new position in shares of Dimensional National Municipal Bond ETF during the fourth quarter valued at about $240,000. Mattern Wealth Management LLC grew its position in shares of Dimensional National Municipal Bond ETF by 3.9% during the fourth quarter. Mattern Wealth Management LLC now owns 293,088 shares of the company’s stock valued at $14,001,000 after purchasing an additional 10,968 shares in the last quarter. JDH Wealth Management LLC purchased a new position in shares of Dimensional National Municipal Bond ETF during the fourth quarter valued at about $207,000. Finally, Alpha Financial Advisors LLC grew its position in shares of Dimensional National Municipal Bond ETF by 28.6% during the fourth quarter. Alpha Financial Advisors LLC now owns 5,400 shares of the company’s stock valued at $258,000 after purchasing an additional 1,200 shares in the last quarter.

Dimensional National Municipal Bond ETF Stock Performance

Shares of Dimensional National Municipal Bond ETF stock opened at $47.92 on Wednesday. The business has a 50-day moving average price of $47.95 and a 200-day moving average price of $48.13. Dimensional National Municipal Bond ETF has a twelve month low of $47.40 and a twelve month 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.