Sterling Wealth Advisors Inc Grows Stake in Dimensional National Municipal Bond ETF $DFNM

Sterling Wealth Advisors Inc raised its stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 3.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,086 shares of the company’s stock after acquiring an additional 564 shares during the period. Dimensional National Municipal Bond ETF makes up 0.6% of Sterling Wealth Advisors Inc’s portfolio, making the stock its 13th biggest position. Sterling Wealth Advisors Inc owned approximately 0.05% of Dimensional National Municipal Bond ETF worth $858,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Nemes Rush Group LLC grew its stake in shares of Dimensional National Municipal Bond ETF by 239.9% in the first quarter. Nemes Rush Group LLC now owns 1,040 shares of the company’s stock worth $49,000 after acquiring an additional 734 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Dimensional National Municipal Bond ETF by 292.0% in the first quarter. Geneos Wealth Management Inc. now owns 1,223 shares of the company’s stock worth $58,000 after acquiring an additional 911 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of Dimensional National Municipal Bond ETF by 28.1% in the first quarter. Farther Finance Advisors LLC now owns 2,072 shares of the company’s stock worth $99,000 after acquiring an additional 455 shares during the last quarter. Stage Harbor Financial LLC purchased a new stake in shares of Dimensional National Municipal Bond ETF in the first quarter worth $219,000. Finally, Summit Wealth Group LLC purchased a new stake in shares of Dimensional National Municipal Bond ETF in the first quarter worth $241,000.

Dimensional National Municipal Bond ETF Price Performance

NYSEARCA DFNM opened at $47.94 on Friday. Dimensional National Municipal Bond ETF has a 12 month low of $46.24 and a 12 month high of $48.67. The stock’s fifty day moving average price is $47.58 and its 200-day moving average price is $47.42.

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.