Resonant Capital Advisors LLC Has $11.23 Million Holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Resonant Capital Advisors LLC lifted its position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 25.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 236,140 shares of the company’s stock after acquiring an additional 48,112 shares during the quarter. Resonant Capital Advisors LLC owned approximately 0.74% of Dimensional National Municipal Bond ETF worth $11,233,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Focus Partners Wealth increased its stake in shares of Dimensional National Municipal Bond ETF by 32.2% in the fourth quarter. Focus Partners Wealth now owns 1,928,913 shares of the company’s stock valued at $92,144,000 after buying an additional 469,893 shares during the period. Focus Partners Advisor Solutions LLC increased its holdings in Dimensional National Municipal Bond ETF by 84.2% during the 4th quarter. Focus Partners Advisor Solutions LLC now owns 468,347 shares of the company’s stock worth $22,373,000 after purchasing an additional 214,093 shares in the last quarter. Vestment Financial LLC purchased a new stake in shares of Dimensional National Municipal Bond ETF in the fourth quarter worth approximately $8,839,000. Entrewealth LLC bought a new position in shares of Dimensional National Municipal Bond ETF in the fourth quarter valued at approximately $6,830,000. Finally, Sequoia Financial Advisors LLC boosted its position in shares of Dimensional National Municipal Bond ETF by 21.4% during the first quarter. Sequoia Financial Advisors LLC now owns 744,689 shares of the company’s stock valued at $35,425,000 after buying an additional 131,172 shares during the last quarter.

Dimensional National Municipal Bond ETF Stock Performance

Shares of Dimensional National Municipal Bond ETF stock opened at $47.45 on Thursday. The stock has a fifty day simple moving average of $47.29 and a 200 day simple moving average of $47.57. Dimensional National Municipal Bond ETF has a 12-month low of $46.24 and a 12-month high of $48.67.

About Dimensional National Municipal Bond ETF

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.