Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) Stake Lowered by Sage Rhino Capital LLC

Sage Rhino Capital LLC reduced its stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 4.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 48,594 shares of the company’s stock after selling 2,156 shares during the period. Sage Rhino Capital LLC’s holdings in Dimensional National Municipal Bond ETF were worth $2,357,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Phillips Financial Management LLC grew its holdings in shares of Dimensional National Municipal Bond ETF by 13.0% during the 4th quarter. Phillips Financial Management LLC now owns 57,773 shares of the company’s stock valued at $2,803,000 after acquiring an additional 6,642 shares in the last quarter. Compass Financial Group Inc. grew its holdings in shares of Dimensional National Municipal Bond ETF by 2.2% during the 3rd quarter. Compass Financial Group Inc. now owns 171,421 shares of the company’s stock valued at $7,966,000 after acquiring an additional 3,643 shares in the last quarter. Apella Capital LLC grew its holdings in shares of Dimensional National Municipal Bond ETF by 38.9% during the 4th quarter. Apella Capital LLC now owns 259,002 shares of the company’s stock valued at $12,551,000 after acquiring an additional 72,503 shares in the last quarter. Safeguard Investment Advisory Group LLC grew its holdings in shares of Dimensional National Municipal Bond ETF by 9.2% during the 4th quarter. Safeguard Investment Advisory Group LLC now owns 19,320 shares of the company’s stock valued at $937,000 after acquiring an additional 1,633 shares in the last quarter. Finally, White Wing Wealth Management bought a new stake in Dimensional National Municipal Bond ETF in the fourth quarter worth $840,000.

Dimensional National Municipal Bond ETF Trading Down 0.0 %

NYSEARCA:DFNM traded down $0.01 during trading hours on Tuesday, reaching $47.68. The company’s stock had a trading volume of 66,672 shares, compared to its average volume of 93,700. Dimensional National Municipal Bond ETF has a one year low of $46.10 and a one year high of $48.59. The business’s 50-day moving average is $48.04 and its 200-day moving average is $47.85.

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.