Confluence Investment Management LLC Buys 48,497 Shares of Dimensional National Municipal Bond ETF $DFNM

Confluence Investment Management LLC lifted its stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 28.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 216,392 shares of the company’s stock after acquiring an additional 48,497 shares during the quarter. Confluence Investment Management LLC’s holdings in Dimensional National Municipal Bond ETF were worth $10,382,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in DFNM. LJI Wealth Management LLC grew its stake in shares of Dimensional National Municipal Bond ETF by 2.4% in the second quarter. LJI Wealth Management LLC now owns 9,043 shares of the company’s stock valued at $429,000 after buying an additional 212 shares in the last quarter. Truist Financial Corp grew its position in shares of Dimensional National Municipal Bond ETF by 0.5% in the 2nd quarter. Truist Financial Corp now owns 50,665 shares of the company’s stock valued at $2,403,000 after acquiring an additional 227 shares during the period. Glass Jacobson Investment Advisors llc increased its stake in shares of Dimensional National Municipal Bond ETF by 3.5% during the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 8,840 shares of the company’s stock worth $419,000 after purchasing an additional 299 shares during the last quarter. Great Valley Advisor Group Inc. increased its stake in shares of Dimensional National Municipal Bond ETF by 1.1% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 33,685 shares of the company’s stock worth $1,598,000 after purchasing an additional 376 shares during the last quarter. Finally, One Degree Advisors Inc raised its holdings in shares of Dimensional National Municipal Bond ETF by 1.9% in the 2nd quarter. One Degree Advisors Inc now owns 22,814 shares of the company’s stock valued at $1,082,000 after purchasing an additional 419 shares during the period.

Dimensional National Municipal Bond ETF Trading Up 0.1%

Dimensional National Municipal Bond ETF stock opened at $48.13 on Tuesday. The stock has a 50-day simple moving average of $48.21 and a 200 day simple moving average of $47.79. Dimensional National Municipal Bond ETF has a 52 week low of $46.24 and a 52 week high of $48.35.

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.