Dopkins Wealth Management LLC Increases Stock Position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Dopkins Wealth Management LLC grew its stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 1,299.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 57,559 shares of the company’s stock after buying an additional 53,447 shares during the quarter. Dimensional National Municipal Bond ETF accounts for about 1.4% of Dopkins Wealth Management LLC’s portfolio, making the stock its 16th biggest position. Dopkins Wealth Management LLC’s holdings in Dimensional National Municipal Bond ETF were worth $2,750,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the business. Park Avenue Securities LLC raised its stake in Dimensional National Municipal Bond ETF by 2.4% during the 4th quarter. Park Avenue Securities LLC now owns 40,159 shares of the company’s stock worth $1,918,000 after acquiring an additional 958 shares during the period. Truist Financial Corp raised its stake in Dimensional National Municipal Bond ETF by 5.3% during the 4th quarter. Truist Financial Corp now owns 49,477 shares of the company’s stock worth $2,364,000 after acquiring an additional 2,487 shares during the period. Stifel Financial Corp raised its stake in Dimensional National Municipal Bond ETF by 3.3% during the 3rd quarter. Stifel Financial Corp now owns 100,881 shares of the company’s stock worth $4,897,000 after acquiring an additional 3,245 shares during the period. Citrine Capital LLC bought a new stake in Dimensional National Municipal Bond ETF during the 4th quarter worth approximately $2,468,000. Finally, Jane Street Group LLC bought a new stake in Dimensional National Municipal Bond ETF during the 3rd quarter worth approximately $1,147,000.

Dimensional National Municipal Bond ETF Stock Performance

NYSEARCA DFNM opened at $47.79 on Tuesday. Dimensional National Municipal Bond ETF has a 12 month low of $47.40 and a 12 month high of $48.67. The company’s 50 day moving average is $47.93 and its two-hundred day moving average is $48.09.

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.