Strathmore Capital Advisors Inc. Buys Shares of 367,620 Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Strathmore Capital Advisors Inc. bought a new stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 367,620 shares of the company’s stock, valued at approximately $17,561,000. Dimensional National Municipal Bond ETF comprises 12.8% of Strathmore Capital Advisors Inc.’s investment portfolio, making the stock its 4th largest position. Strathmore Capital Advisors Inc. owned approximately 1.41% of Dimensional National Municipal Bond ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in DFNM. Bleakley Financial Group LLC grew its stake in shares of Dimensional National Municipal Bond ETF by 36.9% in the third quarter. Bleakley Financial Group LLC now owns 10,740 shares of the company’s stock worth $521,000 after acquiring an additional 2,894 shares during the last quarter. Stifel Financial Corp boosted its stake in Dimensional National Municipal Bond ETF by 3.3% in the 3rd quarter. Stifel Financial Corp now owns 100,881 shares of the company’s stock worth $4,897,000 after purchasing an additional 3,245 shares in the last quarter. RW Investment Management LLC grew its position 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 valued at $4,453,000 after purchasing an additional 1,171 shares during the last quarter. WPWealth LLP increased its stake 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 valued at $1,077,000 after purchasing an additional 11,607 shares in the last quarter. Finally, Verus Financial Partners Inc. raised its holdings in Dimensional National Municipal Bond ETF by 1.8% in the third 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 during the last quarter.

Dimensional National Municipal Bond ETF Price Performance

Shares of DFNM traded down $0.02 on Tuesday, hitting $47.87. 101,139 shares of the stock traded hands, compared to its average volume of 128,540. Dimensional National Municipal Bond ETF has a one year low of $47.40 and a one year high of $48.67. The business has a 50 day simple moving average of $48.02 and a 200 day simple moving average of $48.14.

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.