Savant Capital LLC Grows Stock Position in Dimensional National Municipal Bond ETF $DFNM

Savant Capital LLC boosted its position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 357.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 523,582 shares of the company’s stock after purchasing an additional 409,014 shares during the period. Savant Capital LLC’s holdings in Dimensional National Municipal Bond ETF were worth $25,221,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. MAI Capital Management purchased a new stake in Dimensional National Municipal Bond ETF in the third quarter worth $36,000. Geneos Wealth Management Inc. increased its position in Dimensional National Municipal Bond ETF by 292.0% in the first quarter. Geneos Wealth Management Inc. now owns 1,223 shares of the company’s stock worth $58,000 after buying an additional 911 shares during the last quarter. Cary Street Partners Investment Advisory LLC increased its position in Dimensional National Municipal Bond ETF by 32.1% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 2,775 shares of the company’s stock worth $133,000 after buying an additional 674 shares during the last quarter. Advisory Services Network LLC purchased a new stake in Dimensional National Municipal Bond ETF in the third quarter worth $146,000. Finally, Smartleaf Asset Management LLC increased its position in Dimensional National Municipal Bond ETF by 3,236.8% in the third quarter. Smartleaf Asset Management LLC now owns 3,804 shares of the company’s stock worth $182,000 after buying an additional 3,690 shares during the last quarter.

Dimensional National Municipal Bond ETF Price Performance

NYSEARCA:DFNM opened at $48.17 on Friday. The business has a fifty day simple moving average of $48.14 and a two-hundred day simple moving average of $48.31. Dimensional National Municipal Bond ETF has a 1 year low of $47.14 and a 1 year high of $48.87.

Dimensional National Municipal Bond ETF 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.