Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) Hits New 1-Year High at $48.60

Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $48.60 and last traded at $48.60, with a volume of 31131 shares. The stock had previously closed at $48.54.

Dimensional National Municipal Bond ETF Stock Up 0.1 %

The company’s fifty day moving average is $48.30 and its 200-day moving average is $48.01.

Institutional Investors Weigh In On Dimensional National Municipal Bond ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Spinnaker Investment Group LLC grew its holdings in Dimensional National Municipal Bond ETF by 2.1% during the 2nd quarter. Spinnaker Investment Group LLC now owns 14,740 shares of the company’s stock valued at $704,000 after buying an additional 309 shares in the last quarter. PrairieView Partners LLC grew its holdings in Dimensional National Municipal Bond ETF by 2.0% during the 1st quarter. PrairieView Partners LLC now owns 17,399 shares of the company’s stock valued at $837,000 after buying an additional 341 shares in the last quarter. Western Wealth Management LLC grew its holdings in Dimensional National Municipal Bond ETF by 2.7% during the 2nd quarter. Western Wealth Management LLC now owns 13,337 shares of the company’s stock valued at $637,000 after buying an additional 347 shares in the last quarter. Investmark Advisory Group LLC grew its holdings in Dimensional National Municipal Bond ETF by 1.8% during the 1st quarter. Investmark Advisory Group LLC now owns 21,519 shares of the company’s stock valued at $1,035,000 after buying an additional 375 shares in the last quarter. Finally, CPA Asset Management LLC grew its holdings in Dimensional National Municipal Bond ETF by 1.4% during the 2nd quarter. CPA Asset Management LLC now owns 27,234 shares of the company’s stock valued at $1,301,000 after buying an additional 376 shares in the last quarter.

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.