Pure Financial Advisors LLC Cuts Stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Pure Financial Advisors LLC trimmed its holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 6.0% in the 4th quarter, HoldingsChannel reports. The firm owned 18,184 shares of the company’s stock after selling 1,153 shares during the quarter. Pure Financial Advisors LLC’s holdings in Dimensional National Municipal Bond ETF were worth $869,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Park Avenue Securities LLC lifted its holdings in shares of Dimensional National Municipal Bond ETF by 2.4% in the fourth quarter. Park Avenue Securities LLC now owns 40,159 shares of the company’s stock worth $1,918,000 after buying an additional 958 shares in the last quarter. Bleakley Financial Group LLC increased its holdings in Dimensional National Municipal Bond ETF by 36.9% in the 3rd quarter. Bleakley Financial Group LLC now owns 10,740 shares of the company’s stock valued at $521,000 after acquiring an additional 2,894 shares during the last quarter. Stifel Financial Corp lifted its stake in Dimensional National Municipal Bond ETF by 3.3% in the 3rd quarter. Stifel Financial Corp now owns 100,881 shares of the company’s stock worth $4,897,000 after purchasing an additional 3,245 shares in the last quarter. Verus Financial Partners Inc. boosted its holdings in shares of Dimensional National Municipal Bond ETF by 1.8% during the 3rd quarter. Verus Financial Partners Inc. now owns 79,414 shares of the company’s stock valued at $3,858,000 after purchasing an additional 1,417 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of Dimensional National Municipal Bond ETF during the third quarter valued at about $1,147,000.

Dimensional National Municipal Bond ETF Stock Up 0.1 %

Shares of DFNM stock opened at $47.84 on Wednesday. The stock’s 50-day moving average price is $47.97 and its 200-day moving average price is $48.14. Dimensional National Municipal Bond ETF has a 12-month low of $47.40 and a 12-month high of $48.67.

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.