Tandemgrowth Financial Advisors LLC Invests $2.69 Million in Dimensional National Municipal Bond ETF $DFNM

Tandemgrowth Financial Advisors LLC acquired a new position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 55,824 shares of the company’s stock, valued at approximately $2,689,000. Dimensional National Municipal Bond ETF comprises approximately 2.3% of Tandemgrowth Financial Advisors LLC’s holdings, making the stock its 10th biggest holding. Tandemgrowth Financial Advisors LLC owned about 0.14% of Dimensional National Municipal Bond ETF at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in DFNM. MAI Capital Management bought a new stake in shares of Dimensional National Municipal Bond ETF in the 3rd quarter worth approximately $36,000. 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 worth $58,000 after buying an additional 911 shares during the last quarter. Blueline Advisors LLC bought a new stake in shares of Dimensional National Municipal Bond ETF in the 4th quarter worth approximately $114,000. Cary Street Partners Investment Advisory LLC grew its position in shares of Dimensional National Municipal Bond ETF by 32.1% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 2,775 shares of the company’s stock worth $133,000 after buying an additional 674 shares during the last quarter. Finally, Advisory Services Network LLC bought a new stake in shares of Dimensional National Municipal Bond ETF in the 3rd quarter worth approximately $146,000.

Dimensional National Municipal Bond ETF Trading Up 0.0%

Shares of DFNM stock opened at $48.28 on Friday. Dimensional National Municipal Bond ETF has a fifty-two week low of $47.15 and a fifty-two week high of $48.87. The business’s 50 day moving average price is $48.20 and its 200-day moving average price is $48.31.

About Dimensional National Municipal Bond ETF

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.