Shearwater Capital LLC Increases Stock Position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Shearwater Capital LLC raised its holdings in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 3.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 35,371 shares of the company’s stock after purchasing an additional 1,263 shares during the period. Dimensional National Municipal Bond ETF makes up about 1.2% of Shearwater Capital LLC’s investment portfolio, making the stock its 11th largest holding. Shearwater Capital LLC owned 0.14% of Dimensional National Municipal Bond ETF worth $1,717,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Truepoint Inc. raised its position in Dimensional National Municipal Bond ETF by 12.1% in the 1st quarter. Truepoint Inc. now owns 2,663,215 shares of the company’s stock worth $128,074,000 after buying an additional 286,632 shares during the last quarter. Foster Group Inc. increased its position in Dimensional National Municipal Bond ETF by 1,197.6% in the first quarter. Foster Group Inc. now owns 1,256,885 shares of the company’s stock worth $60,444,000 after buying an additional 1,160,025 shares in the last quarter. Beaird Harris Wealth Management LLC lifted its position in shares of Dimensional National Municipal Bond ETF by 0.8% during the 2nd quarter. Beaird Harris Wealth Management LLC now owns 847,601 shares of the company’s stock valued at $40,490,000 after buying an additional 6,410 shares in the last quarter. Pathstone Holdings LLC purchased a new position in shares of Dimensional National Municipal Bond ETF during the 4th quarter valued at about $35,262,000. Finally, Buckingham Strategic Wealth LLC grew its stake in shares of Dimensional National Municipal Bond ETF by 3,173.1% during the 4th quarter. Buckingham Strategic Wealth LLC now owns 705,547 shares of the company’s stock valued at $34,226,000 after acquiring an additional 683,991 shares during the period.

Dimensional National Municipal Bond ETF Price Performance

NYSEARCA:DFNM traded down $0.06 during trading hours on Wednesday, hitting $48.32. 5,680 shares of the stock traded hands, compared to its average volume of 87,269. Dimensional National Municipal Bond ETF has a 1 year low of $46.10 and a 1 year high of $48.67. The stock has a 50 day moving average price of $48.36 and a 200 day moving average price of $48.02.

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.