Truepoint Inc. Has $125.11 Million Position in Dimensional National Municipal Bond ETF $DFNM

Truepoint Inc. reduced its position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 3.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,637,846 shares of the company’s stock after selling 97,421 shares during the quarter. Dimensional National Municipal Bond ETF makes up about 3.1% of Truepoint Inc.’s portfolio, making the stock its 10th largest position. Truepoint Inc. owned 7.89% of Dimensional National Municipal Bond ETF worth $125,113,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of DFNM. Foster Group Inc. lifted its stake in shares of Dimensional National Municipal Bond ETF by 36.1% in the 2nd quarter. Foster Group Inc. now owns 1,503,402 shares of the company’s stock valued at $71,306,000 after purchasing an additional 399,029 shares during the period. HFM Investment Advisors LLC acquired a new stake in shares of Dimensional National Municipal Bond ETF during the 1st quarter worth approximately $17,347,000. Aspiriant LLC increased its stake in shares of Dimensional National Municipal Bond ETF by 4,541.4% in the 2nd quarter. Aspiriant LLC now owns 347,452 shares of the company’s stock valued at $16,480,000 after acquiring an additional 339,966 shares in the last quarter. Focus Partners Advisor Solutions LLC lifted its position in shares of Dimensional National Municipal Bond ETF by 63.9% during the 1st quarter. Focus Partners Advisor Solutions LLC now owns 767,754 shares of the company’s stock valued at $36,522,000 after acquiring an additional 299,407 shares during the period. Finally, Strathmore Capital Advisors Inc. bought a new position in Dimensional National Municipal Bond ETF during the second quarter worth $12,332,000.

Dimensional National Municipal Bond ETF Trading Down 0.1%

Shares of NYSEARCA DFNM opened at $48.21 on Friday. The firm’s 50-day moving average price is $48.13 and its 200-day moving average price is $47.62. Dimensional National Municipal Bond ETF has a 1-year low of $46.24 and a 1-year high of $48.49.

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.