Shearwater Capital LLC Buys 1,612 Shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Shearwater Capital LLC lifted its position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 4.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 36,983 shares of the company’s stock after purchasing an additional 1,612 shares during the quarter. Dimensional National Municipal Bond ETF comprises about 1.2% of Shearwater Capital LLC’s investment portfolio, making the stock its 13th biggest position. Shearwater Capital LLC owned about 0.14% of Dimensional National Municipal Bond ETF worth $1,767,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Pure Financial Advisors LLC grew its stake in shares of Dimensional National Municipal Bond ETF by 1.1% in the 3rd quarter. Pure Financial Advisors LLC now owns 19,337 shares of the company’s stock worth $939,000 after buying an additional 219 shares in the last quarter. Great Valley Advisor Group Inc. grew its position in Dimensional National Municipal Bond ETF by 0.8% in the third quarter. Great Valley Advisor Group Inc. now owns 31,311 shares of the company’s stock worth $1,520,000 after acquiring an additional 241 shares in the last quarter. Landmark Wealth Management LLC increased its stake in Dimensional National Municipal Bond ETF by 0.5% during the third quarter. Landmark Wealth Management LLC now owns 46,324 shares of the company’s stock worth $2,249,000 after acquiring an additional 253 shares during the last quarter. RCS Financial Planning LLC increased its stake in Dimensional National Municipal Bond ETF by 5.0% during the third quarter. RCS Financial Planning LLC now owns 8,651 shares of the company’s stock worth $420,000 after acquiring an additional 409 shares during the last quarter. Finally, Glass Jacobson Investment Advisors llc raised its position in Dimensional National Municipal Bond ETF by 8.4% during the second quarter. Glass Jacobson Investment Advisors llc now owns 7,395 shares of the company’s stock valued at $353,000 after purchasing an additional 572 shares during the period.

Dimensional National Municipal Bond ETF Price Performance

Shares of Dimensional National Municipal Bond ETF stock traded down $0.13 on Wednesday, reaching $47.77. The company had a trading volume of 90,900 shares, compared to its average volume of 134,355. The firm’s 50-day moving average price is $48.02 and its two-hundred day moving average price is $48.14. Dimensional National Municipal Bond ETF has a 1 year low of $47.40 and a 1 year high of $48.67.

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.