Principal Securities Inc. Takes $40,000 Position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Principal Securities Inc. purchased a new stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 831 shares of the company’s stock, valued at approximately $40,000.

Several other institutional investors and hedge funds have also made changes to their positions in DFNM. First Horizon Advisors Inc. acquired a new stake in Dimensional National Municipal Bond ETF during the third quarter worth about $45,000. MilWealth Group LLC bought a new position in Dimensional National Municipal Bond ETF in the 4th quarter worth approximately $96,000. Dopkins Wealth Management LLC bought a new stake in shares of Dimensional National Municipal Bond ETF during the third quarter valued at about $200,000. JDH Wealth Management LLC acquired a new stake in shares of Dimensional National Municipal Bond ETF in the 4th quarter worth approximately $207,000. Finally, Farther Finance Advisors LLC acquired a new stake in shares of Dimensional National Municipal Bond ETF in the third quarter valued at $240,000.

Dimensional National Municipal Bond ETF Stock Performance

NYSEARCA:DFNM opened at $48.11 on Friday. The company has a 50-day moving average of $47.87 and a 200-day moving average of $48.11. Dimensional National Municipal Bond ETF has a twelve month low of $47.40 and a twelve month high of $48.67.

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.