Dimensional National Municipal Bond ETF $DFNM Stock Sold by Legacy Financial Group Inc.

Legacy Financial Group Inc. cut its holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 39.8% during the third quarter, Holdings Channel reports. The institutional investor owned 26,328 shares of the company’s stock after selling 17,412 shares during the quarter. Legacy Financial Group Inc.’s holdings in Dimensional National Municipal Bond ETF were worth $1,212,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. Root Financial Partners LLC lifted its holdings in Dimensional National Municipal Bond ETF by 40.2% in the third quarter. Root Financial Partners LLC now owns 150,351 shares of the company’s stock valued at $6,921,000 after acquiring an additional 43,089 shares during the period. Kings Path Partners LLC purchased a new stake in shares of Dimensional National Municipal Bond ETF during the 3rd quarter worth $5,412,000. Pinnacle Associates Ltd. acquired a new position in shares of Dimensional National Municipal Bond ETF during the 3rd quarter worth $311,000. Oath Planning LLC grew its stake in shares of Dimensional National Municipal Bond ETF by 23.5% during the 3rd quarter. Oath Planning LLC now owns 11,454 shares of the company’s stock worth $527,000 after purchasing an additional 2,178 shares during the period. Finally, Stewardship Advisors LLC grew its stake in shares of Dimensional National Municipal Bond ETF by 14.5% during the 3rd quarter. Stewardship Advisors LLC now owns 8,967 shares of the company’s stock worth $413,000 after purchasing an additional 1,134 shares during the period.

Dimensional National Municipal Bond ETF Trading Up 0.6%

Shares of DFNM opened at $46.93 on Friday. The company has a 50-day simple moving average of $46.84 and a 200-day simple moving average of $47.68. 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.