Quarry Hill Advisors LLC Boosts Position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Quarry Hill Advisors LLC raised its position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 13.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 30,935 shares of the company’s stock after purchasing an additional 3,642 shares during the period. Dimensional National Municipal Bond ETF comprises 1.0% of Quarry Hill Advisors LLC’s portfolio, making the stock its 20th biggest position. Quarry Hill Advisors LLC owned 0.12% of Dimensional National Municipal Bond ETF worth $1,478,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. First Horizon Advisors Inc. purchased a new position in Dimensional National Municipal Bond ETF during the 3rd quarter valued at about $45,000. MilWealth Group LLC bought a new position in shares of Dimensional National Municipal Bond ETF during the fourth quarter valued at approximately $96,000. Dopkins Wealth Management LLC purchased a new position in Dimensional National Municipal Bond ETF during the third quarter valued at approximately $200,000. JDH Wealth Management LLC bought a new position in Dimensional National Municipal Bond ETF in the fourth quarter worth approximately $207,000. Finally, B.O.S.S. Retirement Advisors LLC purchased a new stake in Dimensional National Municipal Bond ETF during the third quarter worth $219,000.

Dimensional National Municipal Bond ETF Stock Down 0.1 %

Shares of NYSEARCA DFNM opened at $48.06 on Friday. Dimensional National Municipal Bond ETF has a 12-month low of $47.40 and a 12-month high of $48.67. The stock’s fifty day simple moving average is $47.93 and its two-hundred day simple moving average is $48.13.

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.