Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) Shares Acquired by Financial Engines Advisors L.L.C.

Financial Engines Advisors L.L.C. increased its holdings in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 100.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 59,336 shares of the company’s stock after buying an additional 29,668 shares during the period. Financial Engines Advisors L.L.C.’s holdings in Dimensional National Municipal Bond ETF were worth $2,834,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Principal Securities Inc. bought a new position in shares of Dimensional National Municipal Bond ETF during the fourth quarter valued at approximately $40,000. MilWealth Group LLC bought a new position in Dimensional National Municipal Bond ETF during the 4th quarter worth $96,000. JDH Wealth Management LLC acquired a new stake in Dimensional National Municipal Bond ETF in the fourth quarter worth $207,000. TRU Independence Asset Management 2 LLC bought a new stake in Dimensional National Municipal Bond ETF in the fourth quarter valued at $240,000. Finally, Breakwater Capital Group boosted its holdings in shares of Dimensional National Municipal Bond ETF by 11.1% during the fourth quarter. Breakwater Capital Group now owns 5,197 shares of the company’s stock valued at $248,000 after acquiring an additional 519 shares during the period.

Dimensional National Municipal Bond ETF Stock Down 0.4 %

DFNM stock opened at $47.45 on Thursday. The firm’s 50-day simple moving average is $47.93 and its 200 day simple moving average is $48.06. Dimensional National Municipal Bond ETF has a fifty-two week low of $47.40 and a fifty-two week high of $48.67.

Dimensional National Municipal Bond ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th will be issued a dividend of $0.1286 per share. The ex-dividend date is Tuesday, March 25th. This is a boost from Dimensional National Municipal Bond ETF’s previous dividend of $0.10.

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.