Evanson Asset Management LLC Reduces Position in Dimensional National Municipal Bond ETF $DFNM

Evanson Asset Management LLC decreased its holdings in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 40.5% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 48,639 shares of the company’s stock after selling 33,048 shares during the quarter. Evanson Asset Management LLC owned 0.14% of Dimensional National Municipal Bond ETF worth $2,334,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Porter White Investment Advisors Inc. increased its stake in Dimensional National Municipal Bond ETF by 57.8% in the second quarter. Porter White Investment Advisors Inc. now owns 156,384 shares of the company’s stock worth $7,417,000 after purchasing an additional 57,303 shares during the period. Sterling Wealth Advisors Inc boosted its stake in shares of Dimensional National Municipal Bond ETF by 3.2% during the second quarter. Sterling Wealth Advisors Inc now owns 18,086 shares of the company’s stock valued at $858,000 after purchasing an additional 564 shares during the period. XY Planning Network Inc. boosted its stake in shares of Dimensional National Municipal Bond ETF by 74.5% during the second quarter. XY Planning Network Inc. now owns 17,674 shares of the company’s stock valued at $838,000 after purchasing an additional 7,544 shares during the period. Graves Light Lenhart Wealth Inc. grew its holdings in shares of Dimensional National Municipal Bond ETF by 11.5% in the third quarter. Graves Light Lenhart Wealth Inc. now owns 274,291 shares of the company’s stock worth $13,161,000 after purchasing an additional 28,228 shares during the last quarter. Finally, Jackson Thornton Wealth Management LLC increased its stake in Dimensional National Municipal Bond ETF by 4.8% in the 2nd quarter. Jackson Thornton Wealth Management LLC now owns 23,903 shares of the company’s stock worth $1,134,000 after buying an additional 1,085 shares during the period.

Dimensional National Municipal Bond ETF Stock Performance

Shares of DFNM opened at $48.10 on Monday. Dimensional National Municipal Bond ETF has a 1-year low of $46.24 and a 1-year high of $48.35. The company has a 50-day moving average of $48.21 and a 200 day moving average of $47.78.

Dimensional National Municipal Bond ETF Company 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.