Tassel Capital Management Inc. Invests $3.53 Million in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Tassel Capital Management Inc. bought a new position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 73,884 shares of the company’s stock, valued at approximately $3,529,000. Dimensional National Municipal Bond ETF accounts for about 3.1% of Tassel Capital Management Inc.’s investment portfolio, making the stock its 8th largest holding. Tassel Capital Management Inc. owned approximately 0.28% of Dimensional National Municipal Bond ETF at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its holdings in Dimensional National Municipal Bond ETF by 5,195.7% during the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 3,943,633 shares of the company’s stock worth $188,387,000 after buying an additional 3,869,164 shares during the period. Strathmore Capital Advisors Inc. purchased a new position in shares of Dimensional National Municipal Bond ETF in the fourth quarter worth approximately $17,561,000. Yardley Wealth Management LLC acquired a new stake in shares of Dimensional National Municipal Bond ETF during the third quarter valued at approximately $12,247,000. Life Planning Partners Inc purchased a new stake in shares of Dimensional National Municipal Bond ETF in the 4th quarter valued at approximately $11,866,000. Finally, Vested Financial Planning LLC acquired a new position in Dimensional National Municipal Bond ETF in the 4th quarter worth approximately $8,924,000.

Dimensional National Municipal Bond ETF Price Performance

Shares of NYSEARCA:DFNM opened at $48.03 on Monday. The company’s fifty day moving average is $47.92 and its two-hundred day moving average is $48.10. Dimensional National Municipal Bond ETF has a 12-month low of $47.40 and a 12-month high of $48.67.

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.