Truist Financial Corp Purchases 8,443 Shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Truist Financial Corp increased its position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 26.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 40,250 shares of the company’s stock after acquiring an additional 8,443 shares during the period. Truist Financial Corp owned about 0.22% of Dimensional National Municipal Bond ETF worth $1,953,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Apella Capital LLC increased its holdings in Dimensional National Municipal Bond ETF by 38.9% in the fourth quarter. Apella Capital LLC now owns 259,002 shares of the company’s stock valued at $12,551,000 after purchasing an additional 72,503 shares during the period. Phillips Financial Management LLC raised its position in shares of Dimensional National Municipal Bond ETF by 13.0% during the fourth quarter. Phillips Financial Management LLC now owns 57,773 shares of the company’s stock worth $2,803,000 after acquiring an additional 6,642 shares during the last quarter. Compass Financial Group Inc. lifted its stake in shares of Dimensional National Municipal Bond ETF by 2.2% in the third quarter. Compass Financial Group Inc. now owns 171,421 shares of the company’s stock worth $7,966,000 after acquiring an additional 3,643 shares during the period. White Wing Wealth Management bought a new stake in Dimensional National Municipal Bond ETF in the fourth quarter valued at approximately $840,000. Finally, Safeguard Investment Advisory Group LLC increased its position in 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 purchasing an additional 1,633 shares during the period.

Dimensional National Municipal Bond ETF Stock Performance

Dimensional National Municipal Bond ETF stock opened at $47.91 on Friday. The firm has a 50 day moving average price of $47.97 and a two-hundred day moving average price of $47.91. Dimensional National Municipal Bond ETF has a 52-week low of $46.10 and a 52-week high of $48.59.

About Dimensional National Municipal Bond ETF

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.