Clune & Associates LTD. Makes New $254,000 Investment in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Clune & Associates LTD. acquired a new stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 5,320 shares of the company’s stock, valued at approximately $254,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DFNM. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its holdings in shares of Dimensional National Municipal Bond ETF by 5,195.7% in 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. acquired a new stake in shares of Dimensional National Municipal Bond ETF in the fourth quarter valued at approximately $17,561,000. Life Planning Partners Inc acquired a new stake in shares of Dimensional National Municipal Bond ETF in the fourth quarter valued at approximately $11,866,000. Vested Financial Planning LLC acquired a new stake in shares of Dimensional National Municipal Bond ETF in the fourth quarter valued at approximately $8,924,000. Finally, David Wealth Management LLC acquired a new stake in shares of Dimensional National Municipal Bond ETF in the fourth quarter valued at approximately $7,953,000.

Dimensional National Municipal Bond ETF Stock Performance

Shares of DFNM opened at $47.83 on Monday. Dimensional National Municipal Bond ETF has a 1-year low of $47.40 and a 1-year high of $48.67. The company’s fifty day simple moving average is $47.93 and its 200 day simple moving average is $48.07.

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.