Evanson Asset Management LLC Decreases Stake in Dimensional National Municipal Bond ETF $DFNM

Evanson Asset Management LLC decreased its position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 40.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 48,639 shares of the company’s stock after selling 33,048 shares during the quarter. Evanson Asset Management LLC’s holdings in Dimensional National Municipal Bond ETF were worth $2,334,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DFNM. Geneos Wealth Management Inc. boosted its position in Dimensional National Municipal Bond ETF by 292.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,223 shares of the company’s stock worth $58,000 after purchasing an additional 911 shares in the last quarter. Nemes Rush Group LLC boosted its holdings in Dimensional National Municipal Bond ETF by 40.4% in the 2nd quarter. Nemes Rush Group LLC now owns 1,460 shares of the company’s stock worth $69,000 after buying an additional 420 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Dimensional National Municipal Bond ETF during the 2nd quarter worth approximately $202,000. Level Financial Advisors acquired a new position in shares of Dimensional National Municipal Bond ETF during the second quarter valued at approximately $274,000. Finally, Seaside Wealth Management Inc. lifted its position in shares of Dimensional National Municipal Bond ETF by 19.3% in the second quarter. Seaside Wealth Management Inc. now owns 6,252 shares of the company’s stock valued at $297,000 after acquiring an additional 1,013 shares in the last quarter.

Dimensional National Municipal Bond ETF Price Performance

Shares of NYSEARCA:DFNM opened at $48.10 on Monday. Dimensional National Municipal Bond ETF has a 1 year low of $46.24 and a 1 year high of $48.35. The business’s 50 day moving average price is $48.21 and its 200-day moving average price is $47.78.

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.