Dimensional National Municipal Bond ETF $DFNM Shares Purchased by Maryland Capital Advisors Inc.

Maryland Capital Advisors Inc. raised its stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 8.2% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 147,095 shares of the company’s stock after buying an additional 11,148 shares during the quarter. Dimensional National Municipal Bond ETF makes up about 2.4% of Maryland Capital Advisors Inc.’s investment portfolio, making the stock its 11th largest holding. Maryland Capital Advisors Inc. owned about 0.36% of Dimensional National Municipal Bond ETF worth $7,086,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. MAI Capital Management acquired a new stake in shares of Dimensional National Municipal Bond ETF in the 3rd quarter worth about $36,000. Geneos Wealth Management Inc. boosted its stake in 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 valued at $58,000 after purchasing an additional 911 shares during the period. CWM LLC boosted its stake in Dimensional National Municipal Bond ETF by 143.7% during the 3rd quarter. CWM LLC now owns 2,052 shares of the company’s stock valued at $98,000 after purchasing an additional 1,210 shares during the period. Cary Street Partners Investment Advisory LLC grew its position in Dimensional National Municipal Bond ETF by 32.1% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 2,775 shares of the company’s stock worth $133,000 after purchasing an additional 674 shares during the last quarter. Finally, Advisory Services Network LLC bought a new position in Dimensional National Municipal Bond ETF in the 3rd quarter worth about $146,000.

Dimensional National Municipal Bond ETF Stock Performance

Shares of NYSEARCA:DFNM opened at $48.08 on Friday. The firm’s 50 day moving average is $48.46 and its two-hundred day moving average is $48.30. Dimensional National Municipal Bond ETF has a 52 week low of $46.24 and a 52 week high of $48.87.

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.