Savant Capital LLC Reduces Stock Position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Savant Capital LLC cut its stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 17.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,666 shares of the company’s stock after selling 7,273 shares during the period. Savant Capital LLC owned approximately 0.13% of Dimensional National Municipal Bond ETF worth $1,608,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Strathmore Capital Advisors Inc. acquired a new stake in shares of Dimensional National Municipal Bond ETF in the fourth quarter valued at approximately $17,561,000. Yardley Wealth Management LLC acquired a new stake in shares of Dimensional National Municipal Bond ETF in the third quarter valued at approximately $12,247,000. Apella Capital LLC grew its position in shares of Dimensional National Municipal Bond ETF by 17.4% in the fourth quarter. Apella Capital LLC now owns 552,649 shares of the company’s stock valued at $26,400,000 after purchasing an additional 82,046 shares during the last quarter. Aurelius Family Office LLC acquired a new stake in shares of Dimensional National Municipal Bond ETF in the fourth quarter valued at approximately $2,871,000. Finally, Vestia Personal Wealth Advisors grew its position in shares of Dimensional National Municipal Bond ETF by 86.5% in the fourth quarter. Vestia Personal Wealth Advisors now owns 115,991 shares of the company’s stock valued at $5,541,000 after purchasing an additional 53,801 shares during the last quarter.

Dimensional National Municipal Bond ETF Trading Up 0.1 %

DFNM stock opened at $47.93 on Friday. The company’s 50 day simple moving average is $47.89 and its 200-day simple moving average is $48.13. 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 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.