Focus Partners Advisor Solutions LLC Boosts Stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Focus Partners Advisor Solutions LLC boosted its position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 84.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 468,347 shares of the company’s stock after buying an additional 214,093 shares during the period. Focus Partners Advisor Solutions LLC owned approximately 1.80% of Dimensional National Municipal Bond ETF worth $22,373,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in DFNM. Wheelhouse Advisory Group LLC boosted its position in shares of Dimensional National Municipal Bond ETF by 180.6% during the 4th quarter. Wheelhouse Advisory Group LLC now owns 41,060 shares of the company’s stock valued at $1,961,000 after acquiring an additional 26,429 shares during the last quarter. Dynamic Advisor Solutions LLC increased its holdings in shares of Dimensional National Municipal Bond ETF by 2.6% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 11,942 shares of the company’s stock worth $570,000 after buying an additional 301 shares during the last quarter. Alpha Financial Advisors LLC raised its position in shares of Dimensional National Municipal Bond ETF by 28.6% during the 4th quarter. Alpha Financial Advisors LLC now owns 5,400 shares of the company’s stock valued at $258,000 after buying an additional 1,200 shares in the last quarter. JDH Wealth Management LLC bought a new position in shares of Dimensional National Municipal Bond ETF in the 4th quarter valued at about $207,000. Finally, Mattern Wealth Management LLC lifted its holdings in shares of Dimensional National Municipal Bond ETF by 3.9% in the 4th quarter. Mattern Wealth Management LLC now owns 293,088 shares of the company’s stock valued at $14,001,000 after acquiring an additional 10,968 shares during the last quarter.

Dimensional National Municipal Bond ETF Price Performance

Shares of NYSEARCA DFNM opened at $47.29 on Wednesday. Dimensional National Municipal Bond ETF has a 1-year low of $46.24 and a 1-year high of $48.67. The business’s 50 day moving average is $47.33 and its two-hundred day moving average is $47.75.

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.