Collective Family Office LLC Reduces Position in Dimensional National Municipal Bond ETF $DFNM

Collective Family Office LLC trimmed its position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 14.5% during the third quarter, Holdings Channel.com reports. The firm owned 118,896 shares of the company’s stock after selling 20,209 shares during the period. Dimensional National Municipal Bond ETF accounts for approximately 1.4% of Collective Family Office LLC’s holdings, making the stock its 24th largest position. Collective Family Office LLC’s holdings in Dimensional National Municipal Bond ETF were worth $5,705,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of DFNM. Focus Partners Wealth increased its holdings in Dimensional National Municipal Bond ETF by 3.8% in the first quarter. Focus Partners Wealth now owns 2,001,930 shares of the company’s stock valued at $95,232,000 after buying an additional 73,017 shares during the last quarter. Foster Group Inc. boosted its position in shares of Dimensional National Municipal Bond ETF by 36.1% during the 2nd quarter. Foster Group Inc. now owns 1,503,402 shares of the company’s stock worth $71,306,000 after acquiring an additional 399,029 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of Dimensional National Municipal Bond ETF by 5.0% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 781,593 shares of the company’s stock worth $37,071,000 after acquiring an additional 36,904 shares in the last quarter. Focus Partners Advisor Solutions LLC increased its holdings in shares of Dimensional National Municipal Bond ETF by 63.9% in the 1st quarter. Focus Partners Advisor Solutions LLC now owns 767,754 shares of the company’s stock valued at $36,522,000 after acquiring an additional 299,407 shares during the last quarter. Finally, Mattern Wealth Management LLC increased its holdings in shares of Dimensional National Municipal Bond ETF by 75.6% in the 2nd quarter. Mattern Wealth Management LLC now owns 553,864 shares of the company’s stock valued at $26,270,000 after acquiring an additional 238,523 shares during the last quarter.

Dimensional National Municipal Bond ETF Trading Down 0.5%

Shares of Dimensional National Municipal Bond ETF stock opened at $48.04 on Wednesday. Dimensional National Municipal Bond ETF has a 52 week low of $46.24 and a 52 week high of $48.35. The firm’s 50 day moving average is $48.21 and its two-hundred day moving average is $47.77.

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.