American Investment Services Inc. Increases Holdings in Dimensional National Municipal Bond ETF $DFNM

American Investment Services Inc. boosted its stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 24.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 98,018 shares of the company’s stock after buying an additional 19,119 shares during the period. Dimensional National Municipal Bond ETF accounts for 1.0% of American Investment Services Inc.’s investment portfolio, making the stock its 29th largest position. American Investment Services Inc. owned 0.22% of Dimensional National Municipal Bond ETF worth $4,698,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. raised its stake in Dimensional National Municipal Bond ETF by 292.0% during the first quarter. Geneos Wealth Management Inc. now owns 1,223 shares of the company’s stock worth $58,000 after purchasing an additional 911 shares during the period. Blueline Advisors LLC purchased a new stake in shares of Dimensional National Municipal Bond ETF in the 4th quarter valued at approximately $114,000. Advisory Services Network LLC acquired a new stake in shares of Dimensional National Municipal Bond ETF during the 3rd quarter worth approximately $146,000. Operose Advisors LLC purchased a new stake in shares of Dimensional National Municipal Bond ETF during the 4th quarter valued at approximately $155,000. Finally, Raymond James Financial Inc. acquired a new position in Dimensional National Municipal Bond ETF in the second quarter valued at approximately $202,000.

Dimensional National Municipal Bond ETF Price Performance

DFNM stock opened at $47.80 on Thursday. Dimensional National Municipal Bond ETF has a 52-week low of $47.15 and a 52-week high of $48.87. The business has a fifty day moving average of $48.20 and a two-hundred day moving average of $48.32.

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.