Dimensional National Municipal Bond ETF $DFNM Shares Sold by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC reduced its holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 1.6% in the 1st quarter, Holdings Channel reports. The institutional investor owned 196,429 shares of the company’s stock after selling 3,164 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Dimensional National Municipal Bond ETF were worth $9,344,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of DFNM. Focus Partners Wealth increased its stake in Dimensional National Municipal Bond ETF by 32.2% in the 4th quarter. Focus Partners Wealth now owns 1,928,913 shares of the company’s stock valued at $92,144,000 after purchasing an additional 469,893 shares in the last quarter. Focus Partners Advisor Solutions LLC increased its position in Dimensional National Municipal Bond ETF by 63.9% during the first quarter. Focus Partners Advisor Solutions LLC now owns 767,754 shares of the company’s stock worth $36,522,000 after buying an additional 299,407 shares in the last quarter. HighTower Advisors LLC boosted its holdings in shares of Dimensional National Municipal Bond ETF by 56.8% during the first quarter. HighTower Advisors LLC now owns 549,979 shares of the company’s stock worth $26,163,000 after purchasing an additional 199,321 shares during the last quarter. Vestment Financial LLC acquired a new stake in shares of Dimensional National Municipal Bond ETF during the fourth quarter worth $8,839,000. Finally, Sequoia Financial Advisors LLC boosted its holdings 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 worth $35,425,000 after purchasing an additional 131,172 shares during the last quarter.

Dimensional National Municipal Bond ETF Stock Performance

DFNM stock opened at $47.71 on Friday. Dimensional National Municipal Bond ETF has a 52-week low of $46.24 and a 52-week high of $48.67. The stock’s fifty day simple moving average is $47.39 and its 200-day simple moving average is $47.42.

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.