Truist Financial Corp Increases Holdings in Dimensional National Municipal Bond ETF $DFNM

Truist Financial Corp increased its position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 21.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,695 shares of the company’s stock after acquiring an additional 11,030 shares during the period. Truist Financial Corp owned approximately 0.17% of Dimensional National Municipal Bond ETF worth $2,960,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sequoia Financial Advisors LLC increased its position in shares of Dimensional National Municipal Bond ETF by 4.6% in the third quarter. Sequoia Financial Advisors LLC now owns 817,821 shares of the company’s stock valued at $39,239,000 after buying an additional 36,228 shares in the last quarter. MBL Wealth LLC lifted its holdings in shares of Dimensional National Municipal Bond ETF by 2.0% in the third quarter. MBL Wealth LLC now owns 680,415 shares of the company’s stock valued at $32,646,000 after purchasing an additional 13,302 shares in the last quarter. Apella Capital LLC grew its position in shares of Dimensional National Municipal Bond ETF by 7.4% in the third quarter. Apella Capital LLC now owns 656,842 shares of the company’s stock valued at $31,719,000 after purchasing an additional 45,450 shares during the last quarter. AWM Capital LLC grew its position in shares of Dimensional National Municipal Bond ETF by 38.4% in the third quarter. AWM Capital LLC now owns 653,511 shares of the company’s stock valued at $31,355,000 after purchasing an additional 181,214 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in shares of Dimensional National Municipal Bond ETF by 3.3% during the 3rd quarter. Commonwealth Equity Services LLC now owns 608,447 shares of the company’s stock worth $29,193,000 after purchasing an additional 19,232 shares in the last quarter.

Dimensional National Municipal Bond ETF Stock Up 0.1%

DFNM stock opened at $48.67 on Friday. The stock’s 50 day moving average price is $48.31 and its 200 day moving average price is $48.02. Dimensional National Municipal Bond ETF has a 1 year low of $46.24 and a 1 year high of $48.67.

Dimensional National Municipal Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Wednesday, January 21st were issued a $0.0419 dividend. This represents a c) dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Wednesday, January 21st.

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.