Sax Wealth Advisors LLC Lowers Holdings in Dimensional National Municipal Bond ETF $DFNM

Sax Wealth Advisors LLC lowered its position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 23.9% in the first quarter, Holdings Channel reports. The fund owned 77,558 shares of the company’s stock after selling 24,307 shares during the period. Sax Wealth Advisors LLC’s holdings in Dimensional National Municipal Bond ETF were worth $3,689,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Nemes Rush Group LLC lifted its stake in Dimensional National Municipal Bond ETF by 239.9% in the first quarter. Nemes Rush Group LLC now owns 1,040 shares of the company’s stock worth $49,000 after acquiring an additional 734 shares during the last quarter. Farther Finance Advisors LLC lifted its position in shares of 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 buying an additional 455 shares during the last quarter. Navigoe LLC purchased a new stake in shares of Dimensional National Municipal Bond ETF during the 4th quarter worth approximately $194,000. Kings Path Partners LLC purchased a new stake in shares of Dimensional National Municipal Bond ETF during the 1st quarter worth approximately $214,000. Finally, Stage Harbor Financial LLC purchased a new stake in shares of Dimensional National Municipal Bond ETF during the 1st quarter worth approximately $219,000.

Dimensional National Municipal Bond ETF Stock Up 0.3%

Shares of Dimensional National Municipal Bond ETF stock opened at $47.39 on Friday. The firm’s fifty day simple moving average is $47.36 and its 200-day simple moving average is $47.46. 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.