One Degree Advisors Inc Cuts Stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

One Degree Advisors Inc lessened its stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 21.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,569 shares of the company’s stock after selling 6,167 shares during the quarter. One Degree Advisors Inc’s holdings in Dimensional National Municipal Bond ETF were worth $1,084,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Park Avenue Securities LLC raised its holdings in 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 during the last quarter. Truist Financial Corp lifted its position in Dimensional National Municipal Bond ETF by 5.3% in the 4th quarter. Truist Financial Corp now owns 49,477 shares of the company’s stock valued at $2,364,000 after acquiring an additional 2,487 shares in the last quarter. Stifel Financial Corp boosted its stake in Dimensional National Municipal Bond ETF by 3.3% during the 3rd quarter. Stifel Financial Corp now owns 100,881 shares of the company’s stock valued at $4,897,000 after purchasing an additional 3,245 shares during the last quarter. Citrine Capital LLC bought a new stake in shares of Dimensional National Municipal Bond ETF in the 4th quarter worth $2,468,000. Finally, Jane Street Group LLC purchased a new position in shares of Dimensional National Municipal Bond ETF in the third quarter worth $1,147,000.

Dimensional National Municipal Bond ETF Stock Down 0.2 %

Shares of NYSEARCA:DFNM opened at $46.95 on Wednesday. Dimensional National Municipal Bond ETF has a 1 year low of $46.79 and a 1 year high of $48.67. The stock’s fifty day moving average price is $47.86 and its 200-day moving average price is $47.99.

Dimensional National Municipal Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were paid a dividend of $0.1286 per share. The ex-dividend date was Tuesday, March 25th. This is a boost from Dimensional National Municipal Bond ETF’s previous dividend of $0.10.

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.