Vermillion Wealth Management Inc. Lowers Stake in Dimensional National Municipal Bond ETF $DFNM

Vermillion Wealth Management Inc. reduced its holdings in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 13.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 66,271 shares of the company’s stock after selling 10,727 shares during the period. Dimensional National Municipal Bond ETF accounts for about 1.3% of Vermillion Wealth Management Inc.’s investment portfolio, making the stock its 14th largest holding. Vermillion Wealth Management Inc. owned about 0.16% of Dimensional National Municipal Bond ETF worth $3,192,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Royal Bank of Canada increased its stake in Dimensional National Municipal Bond ETF by 6.5% during the 1st quarter. Royal Bank of Canada now owns 30,965 shares of the company’s stock valued at $1,473,000 after purchasing an additional 1,889 shares in the last quarter. NewEdge Advisors LLC increased its stake in Dimensional National Municipal Bond ETF by 160.9% during the 1st quarter. NewEdge Advisors LLC now owns 26,937 shares of the company’s stock valued at $1,281,000 after purchasing an additional 16,613 shares in the last quarter. Jane Street Group LLC increased its stake in Dimensional National Municipal Bond ETF by 32.5% during the 1st quarter. Jane Street Group LLC now owns 44,323 shares of the company’s stock valued at $2,108,000 after purchasing an additional 10,866 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in Dimensional National Municipal Bond ETF by 292.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,223 shares of the company’s stock valued at $58,000 after purchasing an additional 911 shares in the last quarter. Finally, Cetera Investment Advisers bought a new stake in Dimensional National Municipal Bond ETF during the 2nd quarter valued at about $383,000.

Dimensional National Municipal Bond ETF Stock Performance

NYSEARCA:DFNM opened at $48.30 on Friday. Dimensional National Municipal Bond ETF has a fifty-two week low of $47.15 and a fifty-two week high of $48.87. The firm has a 50-day simple moving average of $48.16 and a two-hundred day simple moving average of $48.31.

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.