Patriot Financial Group Insurance Agency LLC Purchases 1,662 Shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Patriot Financial Group Insurance Agency LLC lifted its position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 4.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 41,372 shares of the company’s stock after buying an additional 1,662 shares during the period. Patriot Financial Group Insurance Agency LLC owned about 0.13% of Dimensional National Municipal Bond ETF worth $1,968,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of DFNM. Principal Securities Inc. purchased a new position in shares of Dimensional National Municipal Bond ETF during the fourth quarter worth approximately $40,000. Navigoe LLC bought a new position in shares of Dimensional National Municipal Bond ETF during the 4th quarter valued at $194,000. Kings Path Partners LLC purchased a new position in Dimensional National Municipal Bond ETF in the 1st quarter worth $214,000. Life Planning Partners Inc bought a new stake in Dimensional National Municipal Bond ETF in the fourth quarter worth $248,000. Finally, Clune & Associates LTD. bought a new stake in Dimensional National Municipal Bond ETF in the fourth quarter worth $254,000.

Dimensional National Municipal Bond ETF Stock Performance

NYSEARCA DFNM opened at $47.19 on Friday. The company has a 50-day simple moving average of $47.21 and a two-hundred day simple moving average of $47.68. Dimensional National Municipal Bond ETF has a 12-month low of $46.24 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.