Apella Capital LLC raised its stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM – Free Report) by 93.6% in the first quarter, HoldingsChannel reports. The institutional investor owned 1,320,176 shares of the company’s stock after purchasing an additional 638,280 shares during the period. Dimensional National Municipal Bond ETF accounts for about 1.0% of Apella Capital LLC’s holdings, making the stock its 21st biggest position. Apella Capital LLC’s holdings in Dimensional National Municipal Bond ETF were worth $63,897,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also modified their holdings of the stock. MAI Capital Management acquired a new position in shares of Dimensional National Municipal Bond ETF in the third quarter worth $36,000. Geneos Wealth Management Inc. raised its holdings in shares of Dimensional National Municipal Bond ETF by 292.0% during the first quarter. Geneos Wealth Management Inc. now owns 1,223 shares of the company’s stock worth $58,000 after acquiring an additional 911 shares in the last quarter. Blueline Advisors LLC acquired a new stake in Dimensional National Municipal Bond ETF during the fourth quarter valued at $114,000. Cary Street Partners Investment Advisory LLC boosted its position in Dimensional National Municipal Bond ETF by 32.1% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 2,775 shares of the company’s stock valued at $133,000 after purchasing an additional 674 shares during the last quarter. Finally, Advisory Services Network LLC acquired a new stake in Dimensional National Municipal Bond ETF during the third quarter valued at $146,000.
Dimensional National Municipal Bond ETF Stock Performance
Shares of NYSEARCA DFNM opened at $48.26 on Thursday. Dimensional National Municipal Bond ETF has a one year low of $47.15 and a one year high of $48.87. The business’s 50-day moving average price is $48.23 and its two-hundred day moving average price is $48.32.
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.
Recommended Stories
- Five stocks we like better than Dimensional National Municipal Bond ETF
- Why KB Home Could Reward Patient Investors Later
- Meta’s Internal Turmoil: Morale Nears 20-Year Low at the Wrong Time
- Tesla’s New NHTSA Probe Lands at the Worst Possible Time
- Nano Nuclear’s AI Data Center Deal Puts the Stock Back in Focus
Want to see what other hedge funds are holding DFNM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dimensional National Municipal Bond ETF (NYSEARCA:DFNM – Free Report).
Receive News & Ratings for Dimensional National Municipal Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dimensional National Municipal Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
