Citrine Capital LLC Grows Position in Dimensional National Municipal Bond ETF $DFNM

Citrine Capital LLC lifted its position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 17.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 166,538 shares of the company’s stock after purchasing an additional 24,148 shares during the quarter. Dimensional National Municipal Bond ETF accounts for 3.7% of Citrine Capital LLC’s portfolio, making the stock its 8th largest position. Citrine Capital LLC owned about 0.41% of Dimensional National Municipal Bond ETF worth $8,022,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DFNM. MAI Capital Management acquired a new stake in Dimensional National Municipal Bond ETF during the third quarter worth $36,000. Geneos Wealth Management Inc. lifted its holdings in shares of Dimensional National Municipal Bond ETF by 292.0% during the 1st 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 period. CWM LLC lifted its holdings in shares of Dimensional National Municipal Bond ETF by 143.7% during the 3rd quarter. CWM LLC now owns 2,052 shares of the company’s stock worth $98,000 after acquiring an additional 1,210 shares during the period. Cary Street Partners Investment Advisory LLC boosted its position in shares of Dimensional National Municipal Bond ETF by 32.1% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 2,775 shares of the company’s stock valued at $133,000 after acquiring an additional 674 shares in the last quarter. Finally, Advisory Services Network LLC bought a new stake in Dimensional National Municipal Bond ETF in the third quarter valued at about $146,000.

Dimensional National Municipal Bond ETF Price Performance

NYSEARCA:DFNM opened at $48.08 on Friday. The firm has a 50-day moving average price of $48.46 and a 200 day moving average price of $48.30. Dimensional National Municipal Bond ETF has a 12-month low of $46.24 and a 12-month high of $48.87.

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.