Sequoia Financial Advisors LLC Buys 131,172 Shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Sequoia Financial Advisors LLC increased its stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 21.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 744,689 shares of the company’s stock after purchasing an additional 131,172 shares during the period. Sequoia Financial Advisors LLC owned 2.35% of Dimensional National Municipal Bond ETF worth $35,425,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the stock. Main Street Financial Solutions LLC raised its position in Dimensional National Municipal Bond ETF by 1.3% in the 4th quarter. Main Street Financial Solutions LLC now owns 21,082 shares of the company’s stock worth $1,007,000 after purchasing an additional 275 shares during the last quarter. Investmark Advisory Group LLC raised its position in Dimensional National Municipal Bond ETF by 1.6% in the 4th quarter. Investmark Advisory Group LLC now owns 22,084 shares of the company’s stock worth $1,055,000 after purchasing an additional 356 shares during the last quarter. Sigma Planning Corp raised its position in Dimensional National Municipal Bond ETF by 6.9% in the 4th quarter. Sigma Planning Corp now owns 5,565 shares of the company’s stock worth $266,000 after purchasing an additional 357 shares during the last quarter. Verisail Partners LLC grew its holdings in Dimensional National Municipal Bond ETF by 0.9% during the 1st quarter. Verisail Partners LLC now owns 43,745 shares of the company’s stock worth $2,081,000 after acquiring an additional 410 shares during the period. Finally, Farther Finance Advisors LLC grew its holdings in Dimensional National Municipal Bond ETF by 28.1% during the 1st quarter. Farther Finance Advisors LLC now owns 2,072 shares of the company’s stock worth $99,000 after acquiring an additional 455 shares during the period.

Dimensional National Municipal Bond ETF Price Performance

DFNM opened at $47.28 on Thursday. The company has a fifty day moving average price of $47.25 and a two-hundred day moving average price of $47.60. Dimensional National Municipal Bond ETF has a 52 week low of $46.24 and a 52 week 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.