HighTower Advisors LLC Increases Position in Dimensional National Municipal Bond ETF $DFNM

HighTower Advisors LLC raised its position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 13.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 696,646 shares of the company’s stock after purchasing an additional 81,158 shares during the period. HighTower Advisors LLC’s holdings in Dimensional National Municipal Bond ETF were worth $33,557,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of DFNM. Royal Bank of Canada increased its position in shares of Dimensional National Municipal Bond ETF by 6.5% in the 1st quarter. Royal Bank of Canada now owns 30,965 shares of the company’s stock valued at $1,473,000 after purchasing an additional 1,889 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of Dimensional National Municipal Bond ETF by 160.9% in the 1st quarter. NewEdge Advisors LLC now owns 26,937 shares of the company’s stock valued at $1,281,000 after purchasing an additional 16,613 shares during the last quarter. Jane Street Group LLC increased its position in shares of Dimensional National Municipal Bond ETF by 32.5% in the 1st quarter. Jane Street Group LLC now owns 44,323 shares of the company’s stock valued at $2,108,000 after purchasing an additional 10,866 shares during the last quarter. Geneos Wealth Management Inc. grew its position in shares of Dimensional National Municipal Bond ETF by 292.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,223 shares of the company’s stock valued at $58,000 after buying an additional 911 shares during the last quarter. Finally, Cetera Investment Advisers purchased a new position in shares of Dimensional National Municipal Bond ETF in the 2nd quarter valued at $383,000.

Dimensional National Municipal Bond ETF Stock Up 0.1%

NYSEARCA DFNM opened at $47.93 on Friday. The firm’s fifty day moving average price is $48.16 and its 200 day moving average price is $48.31. Dimensional National Municipal Bond ETF has a 12 month low of $47.14 and a 12 month high of $48.87.

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.