Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) Sees Strong Trading Volume – Should You Buy?

Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) shares saw an uptick in trading volume on Wednesday . 89,231 shares were traded during mid-day trading, an increase of 3% from the previous session’s volume of 86,350 shares.The stock last traded at $48.11 and had previously closed at $48.04.

Dimensional National Municipal Bond ETF Trading Down 0.1 %

The firm has a fifty day simple moving average of $48.26 and a 200-day simple moving average of $48.06.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Bleakley Financial Group LLC lifted its holdings in Dimensional National Municipal Bond ETF by 36.9% during the 3rd quarter. Bleakley Financial Group LLC now owns 10,740 shares of the company’s stock worth $521,000 after buying an additional 2,894 shares in the last quarter. WPWealth LLP lifted its holdings in Dimensional National Municipal Bond ETF by 106.2% during the 2nd quarter. WPWealth LLP now owns 22,541 shares of the company’s stock worth $1,077,000 after buying an additional 11,607 shares in the last quarter. RW Investment Management LLC lifted its holdings in Dimensional National Municipal Bond ETF by 1.3% during the 2nd quarter. RW Investment Management LLC now owns 93,216 shares of the company’s stock worth $4,453,000 after buying an additional 1,171 shares in the last quarter. Verus Financial Partners Inc. lifted its holdings in Dimensional National Municipal Bond ETF by 1.8% during the 3rd quarter. Verus Financial Partners Inc. now owns 79,414 shares of the company’s stock worth $3,858,000 after buying an additional 1,417 shares in the last quarter. Finally, LJI Wealth Management LLC lifted its holdings in Dimensional National Municipal Bond ETF by 72.4% during the 2nd quarter. LJI Wealth Management LLC now owns 9,039 shares of the company’s stock worth $432,000 after buying an additional 3,795 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.