RAM Investment Partners LLC Has $17.96 Million Position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

RAM Investment Partners LLC lifted its holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 6.8% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 369,999 shares of the company’s stock after buying an additional 23,487 shares during the period. Dimensional National Municipal Bond ETF makes up about 4.7% of RAM Investment Partners LLC’s portfolio, making the stock its 8th biggest holding. RAM Investment Partners LLC’s holdings in Dimensional National Municipal Bond ETF were worth $17,960,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Aptus Capital Advisors LLC purchased a new stake in Dimensional National Municipal Bond ETF during the 2nd quarter valued at $29,000. City State Bank purchased a new stake in shares of Dimensional National Municipal Bond ETF in the second quarter valued at $50,000. SJS Investment Consulting Inc. raised its stake in shares of Dimensional National Municipal Bond ETF by 245.4% in the second quarter. SJS Investment Consulting Inc. now owns 1,568 shares of the company’s stock valued at $75,000 after acquiring an additional 1,114 shares during the period. B.O.S.S. Retirement Advisors LLC bought a new stake in shares of Dimensional National Municipal Bond ETF in the 3rd quarter worth about $219,000. Finally, Choreo LLC purchased a new position in shares of Dimensional National Municipal Bond ETF during the 2nd quarter worth about $220,000.

Dimensional National Municipal Bond ETF Trading Down 0.4 %

Shares of NYSEARCA:DFNM opened at $47.87 on Thursday. Dimensional National Municipal Bond ETF has a 12 month low of $46.10 and a 12 month high of $48.67. The firm’s 50-day moving average is $48.36 and its 200 day moving average is $48.04.

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.