Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) Sees Strong Trading Volume – What’s Next?

Shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) saw an uptick in trading volume on Monday . 100,800 shares traded hands during trading, an increase of 16% from the previous session’s volume of 86,879 shares.The stock last traded at $48.18 and had previously closed at $48.09.

Dimensional National Municipal Bond ETF Stock Performance

The business has a 50 day moving average of $48.20 and a 200-day moving average of $48.08.

Institutional Investors Weigh In On Dimensional National Municipal Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Bleakley Financial Group LLC increased its holdings in Dimensional National Municipal Bond ETF by 36.9% during the 3rd 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 period. WPWealth LLP grew its position in shares of 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. RW Investment Management LLC increased its holdings in shares of Dimensional National Municipal Bond ETF by 1.3% in the second quarter. RW Investment Management LLC now owns 93,216 shares of the company’s stock worth $4,453,000 after purchasing an additional 1,171 shares during the period. Verus Financial Partners Inc. raised its position in shares of 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 in the last quarter. Finally, LJI Wealth Management LLC boosted its stake in Dimensional National Municipal Bond ETF by 72.4% during the second quarter. LJI Wealth Management LLC now owns 9,039 shares of the company’s stock valued at $432,000 after buying an additional 3,795 shares during the period.

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.