117,577 Shares in Dimensional National Municipal Bond ETF $DFNM Purchased by Kings Path Partners LLC

Kings Path Partners LLC bought a new stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 117,577 shares of the company’s stock, valued at approximately $5,412,000. Dimensional National Municipal Bond ETF makes up approximately 1.4% of Kings Path Partners LLC’s investment portfolio, making the stock its 21st biggest position.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Apella Capital LLC lifted its position in Dimensional National Municipal Bond ETF by 93.6% in the first quarter. Apella Capital LLC now owns 1,320,176 shares of the company’s stock worth $63,897,000 after purchasing an additional 638,280 shares during the period. Aspiriant LLC bought a new stake in Dimensional National Municipal Bond ETF in the 3rd quarter valued at $20,393,000. AWM Capital LLC increased its holdings in Dimensional National Municipal Bond ETF by 55.5% in the 3rd quarter. AWM Capital LLC now owns 1,127,167 shares of the company’s stock valued at $51,884,000 after buying an additional 402,115 shares during the period. Collective Family Office LLC increased its holdings in Dimensional National Municipal Bond ETF by 186.1% in the 3rd 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 during the period. Finally, Confluence Investment Management LLC acquired a new position in shares of Dimensional National Municipal Bond ETF in the 3rd quarter valued at $8,348,000.

Dimensional National Municipal Bond ETF Stock Performance

Shares of DFNM stock opened at $46.67 on Thursday. The firm has a fifty day moving average of $46.86 and a 200-day moving average of $47.69. Dimensional National Municipal Bond ETF has a 52-week low of $45.70 and a 52-week 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.