Rather & Kittrell Inc. Cuts Stock Position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Rather & Kittrell Inc. reduced its position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 3.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 435,659 shares of the company’s stock after selling 15,418 shares during the quarter. Dimensional National Municipal Bond ETF makes up about 7.4% of Rather & Kittrell Inc.’s holdings, making the stock its 4th biggest holding. Rather & Kittrell Inc. owned about 2.33% of Dimensional National Municipal Bond ETF worth $21,134,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AE Wealth Management LLC raised its position in Dimensional National Municipal Bond ETF by 71.0% during the 3rd quarter. AE Wealth Management LLC now owns 12,436 shares of the company’s stock valued at $578,000 after purchasing an additional 5,165 shares during the last quarter. Core Wealth Management Inc. raised its holdings in shares of Dimensional National Municipal Bond ETF by 33.0% during the third quarter. Core Wealth Management Inc. now owns 90,397 shares of the company’s stock valued at $4,201,000 after acquiring an additional 22,427 shares in the last quarter. Simplicity Solutions LLC lifted its stake in Dimensional National Municipal Bond ETF by 14.8% in the third quarter. Simplicity Solutions LLC now owns 10,273 shares of the company’s stock worth $477,000 after acquiring an additional 1,322 shares during the period. Evanson Asset Management LLC lifted its stake in Dimensional National Municipal Bond ETF by 88.4% in the third quarter. Evanson Asset Management LLC now owns 42,775 shares of the company’s stock worth $1,988,000 after acquiring an additional 20,074 shares during the period. Finally, North Ridge Wealth Advisors Inc. boosted its holdings in Dimensional National Municipal Bond ETF by 25.7% in the third quarter. North Ridge Wealth Advisors Inc. now owns 24,006 shares of the company’s stock valued at $1,116,000 after acquiring an additional 4,913 shares in the last quarter.

Dimensional National Municipal Bond ETF Stock Down 0.0 %

NYSEARCA DFNM traded down $0.01 during trading on Friday, hitting $47.65. The company had a trading volume of 95,202 shares, compared to its average volume of 94,541. The company’s fifty day moving average is $48.07 and its 200-day moving average is $47.82. Dimensional National Municipal Bond ETF has a one year low of $46.10 and a one year high of $48.59.

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.