Foster Group Inc. Has $70.61 Million Position in Dimensional National Municipal Bond ETF $DFNM

Foster Group Inc. lessened its stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 1.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,465,775 shares of the company’s stock after selling 25,508 shares during the quarter. Dimensional National Municipal Bond ETF comprises about 2.1% of Foster Group Inc.’s portfolio, making the stock its 15th largest holding. Foster Group Inc. owned approximately 3.62% of Dimensional National Municipal Bond ETF worth $70,606,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of DFNM. Truepoint Inc. grew its stake in Dimensional National Municipal Bond ETF by 8.4% in the 3rd quarter. Truepoint Inc. now owns 2,859,809 shares of the company’s stock valued at $137,214,000 after buying an additional 221,963 shares during the last quarter. Focus Partners Wealth raised its holdings in Dimensional National Municipal Bond ETF by 22.9% in the 3rd quarter. Focus Partners Wealth now owns 2,569,749 shares of the company’s stock valued at $123,294,000 after acquiring an additional 479,262 shares during the period. Beaird Harris Wealth Management LLC lifted its position in Dimensional National Municipal Bond ETF by 1.7% during the third quarter. Beaird Harris Wealth Management LLC now owns 836,330 shares of the company’s stock worth $40,127,000 after acquiring an additional 14,342 shares during the last quarter. Focus Partners Advisor Solutions LLC lifted its position in Dimensional National Municipal Bond ETF by 19.6% during the third quarter. Focus Partners Advisor Solutions LLC now owns 830,728 shares of the company’s stock worth $39,861,000 after acquiring an additional 136,333 shares during the last quarter. Finally, Sequoia Financial Advisors LLC boosted its holdings in shares of Dimensional National Municipal Bond ETF by 4.6% during the third quarter. Sequoia Financial Advisors LLC now owns 817,821 shares of the company’s stock worth $39,239,000 after acquiring an additional 36,228 shares during the period.

Dimensional National Municipal Bond ETF Stock Performance

Shares of NYSEARCA:DFNM opened at $47.86 on Thursday. Dimensional National Municipal Bond ETF has a 12-month low of $46.24 and a 12-month high of $48.87. The business has a 50 day moving average of $48.53 and a 200-day moving average of $48.30.

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.