Beckerman Institutional LLC Raises Position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Beckerman Institutional LLC grew its holdings in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 24.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,811 shares of the company’s stock after purchasing an additional 1,747 shares during the period. Beckerman Institutional LLC’s holdings in Dimensional National Municipal Bond ETF were worth $421,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in DFNM. First Horizon Advisors Inc. purchased a new position in Dimensional National Municipal Bond ETF in the 3rd quarter worth $45,000. MilWealth Group LLC purchased a new position in Dimensional National Municipal Bond ETF in the 4th quarter worth $96,000. Dopkins Wealth Management LLC purchased a new position in Dimensional National Municipal Bond ETF in the 3rd quarter worth $200,000. JDH Wealth Management LLC purchased a new position in Dimensional National Municipal Bond ETF in the 4th quarter worth $207,000. Finally, B.O.S.S. Retirement Advisors LLC purchased a new position in Dimensional National Municipal Bond ETF in the 3rd quarter worth $219,000.

Dimensional National Municipal Bond ETF Stock Performance

Shares of DFNM stock opened at $47.89 on Thursday. The business has a fifty day moving average of $47.90 and a 200 day moving average of $48.13. Dimensional National Municipal Bond ETF has a 1 year low of $47.40 and a 1 year high of $48.67.

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.