11,271 Shares in Dimensional National Municipal Bond ETF $DFNM Purchased by Iowa State Bank

Iowa State Bank purchased a new stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 11,271 shares of the company’s stock, valued at approximately $519,000.

A number of other institutional investors have also recently added to or reduced their stakes in DFNM. Collective Family Office LLC grew its stake in shares of Dimensional National Municipal Bond ETF by 186.1% in the third quarter. Collective Family Office LLC now owns 348,740 shares of the company’s stock valued at $16,053,000 after buying an additional 226,837 shares in the last quarter. Confluence Investment Management LLC acquired a new position in Dimensional National Municipal Bond ETF during the 3rd quarter worth approximately $8,348,000. Envestnet Asset Management Inc. boosted its holdings in Dimensional National Municipal Bond ETF by 46.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 203,458 shares of the company’s stock worth $9,834,000 after acquiring an additional 64,856 shares during the period. Sequoia Financial Advisors LLC boosted its holdings in Dimensional National Municipal Bond ETF by 1.8% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 896,162 shares of the company’s stock worth $43,316,000 after acquiring an additional 16,137 shares during the period. Finally, Integrated Wealth Concepts LLC grew its position in Dimensional National Municipal Bond ETF by 1.0% in the second quarter. Integrated Wealth Concepts LLC now owns 206,692 shares of the company’s stock valued at $9,990,000 after acquiring an additional 1,992 shares in the last quarter.

Dimensional National Municipal Bond ETF Trading Down 0.0%

Shares of DFNM traded down $0.01 during mid-day trading on Tuesday, reaching $46.20. 327,511 shares of the stock traded hands, compared to its average volume of 224,775. The stock has a fifty day simple moving average of $47.19 and a 200 day simple moving average of $47.82. Dimensional National Municipal Bond ETF has a 12-month low of $45.70 and a 12-month high of $48.87.

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.