Verus Financial Partners Inc. Acquires 1,278 Shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Verus Financial Partners Inc. raised its holdings in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 1.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 80,692 shares of the company’s stock after acquiring an additional 1,278 shares during the quarter. Dimensional National Municipal Bond ETF makes up 0.4% of Verus Financial Partners Inc.’s portfolio, making the stock its 19th largest holding. Verus Financial Partners Inc. owned 0.31% of Dimensional National Municipal Bond ETF worth $3,846,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DFNM. First Horizon Advisors Inc. purchased a new stake in Dimensional National Municipal Bond ETF during the 3rd quarter valued at approximately $45,000. Dopkins Wealth Management LLC purchased a new position in shares of Dimensional National Municipal Bond ETF during the third quarter valued at about $200,000. JDH Wealth Management LLC bought a new stake in shares of Dimensional National Municipal Bond ETF in the fourth quarter worth about $207,000. B.O.S.S. Retirement Advisors LLC purchased a new stake in shares of Dimensional National Municipal Bond ETF in the third quarter worth about $219,000. Finally, Farther Finance Advisors LLC bought a new position in Dimensional National Municipal Bond ETF during the third quarter valued at approximately $240,000.

Dimensional National Municipal Bond ETF Price Performance

DFNM stock opened at $47.92 on Friday. The firm has a fifty day moving average price of $47.94 and a 200 day moving average price of $48.13. Dimensional National Municipal Bond ETF has a fifty-two week low of $47.40 and a fifty-two week high of $48.67.

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.