Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) Sees Large Volume Increase – Time to Buy?

Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) saw an uptick in trading volume on Tuesday . 129,114 shares traded hands during mid-day trading, a decline of 17% from the previous session’s volume of 156,393 shares.The stock last traded at $48.1950 and had previously closed at $48.21.

Dimensional National Municipal Bond ETF Stock Up 0.2%

The firm has a fifty day moving average price of $48.16 and a two-hundred day moving average price of $47.65.

Institutional Trading of Dimensional National Municipal Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. MAI Capital Management purchased a new position in Dimensional National Municipal Bond ETF in the 3rd quarter worth about $36,000. Nemes Rush Group LLC grew its stake in Dimensional National Municipal Bond ETF by 239.9% in the 1st quarter. Nemes Rush Group LLC now owns 1,040 shares of the company’s stock worth $49,000 after acquiring an additional 734 shares in the last quarter. Geneos Wealth Management Inc. increased its position in shares of Dimensional National Municipal Bond ETF by 292.0% during the first quarter. Geneos Wealth Management Inc. now owns 1,223 shares of the company’s stock worth $58,000 after acquiring an additional 911 shares during the period. CWM LLC increased its position in shares of Dimensional National Municipal Bond ETF by 143.7% during the third quarter. CWM LLC now owns 2,052 shares of the company’s stock worth $98,000 after acquiring an additional 1,210 shares during the period. Finally, Cary Street Partners Investment Advisory LLC raised its stake in shares of Dimensional National Municipal Bond ETF by 32.1% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 2,775 shares of the company’s stock valued at $133,000 after acquiring an additional 674 shares in the last quarter.

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.