Mills Wealth Advisors LLC Cuts Stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Mills Wealth Advisors LLC lessened its stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 25.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 55,371 shares of the company’s stock after selling 18,804 shares during the quarter. Dimensional National Municipal Bond ETF makes up about 1.5% of Mills Wealth Advisors LLC’s investment portfolio, making the stock its 15th largest position. Mills Wealth Advisors LLC’s holdings in Dimensional National Municipal Bond ETF were worth $2,645,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DFNM. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its position in Dimensional National Municipal Bond ETF by 5,195.7% during the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 3,943,633 shares of the company’s stock valued at $188,387,000 after purchasing an additional 3,869,164 shares during the last quarter. Strathmore Capital Advisors Inc. purchased a new stake in Dimensional National Municipal Bond ETF during the fourth quarter valued at approximately $17,561,000. Yardley Wealth Management LLC bought a new stake in shares of Dimensional National Municipal Bond ETF in the 3rd quarter valued at approximately $12,247,000. Life Planning Partners Inc purchased a new position in shares of Dimensional National Municipal Bond ETF in the 4th quarter worth approximately $11,866,000. Finally, Vested Financial Planning LLC bought a new stake in Dimensional National Municipal Bond ETF in the fourth quarter worth $8,924,000.

Dimensional National Municipal Bond ETF Trading Down 0.0 %

DFNM stock opened at $48.11 on Friday. The firm’s fifty day simple moving average is $47.87 and its two-hundred day simple moving average is $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.