Shearwater Capital LLC Boosts Stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Shearwater Capital LLC boosted its position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 4.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 36,983 shares of the company’s stock after purchasing an additional 1,612 shares during the period. Dimensional National Municipal Bond ETF makes up approximately 1.2% of Shearwater Capital LLC’s investment portfolio, making the stock its 13th biggest holding. Shearwater Capital LLC’s holdings in Dimensional National Municipal Bond ETF were worth $1,767,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Truepoint Inc. lifted its stake in shares of Dimensional National Municipal Bond ETF by 0.8% during the 3rd quarter. Truepoint Inc. now owns 2,611,150 shares of the company’s stock worth $126,745,000 after acquiring an additional 20,203 shares during the last quarter. Beaird Harris Wealth Management LLC increased its stake in Dimensional National Municipal Bond ETF by 0.7% in the third quarter. Beaird Harris Wealth Management LLC now owns 853,154 shares of the company’s stock worth $41,412,000 after purchasing an additional 5,553 shares during the period. Rather & Kittrell Inc. lifted its position in shares of Dimensional National Municipal Bond ETF by 8.9% during the third quarter. Rather & Kittrell Inc. now owns 632,168 shares of the company’s stock worth $30,685,000 after purchasing an additional 51,929 shares during the last quarter. Austin Wealth Management LLC boosted its stake in shares of Dimensional National Municipal Bond ETF by 4.3% during the third quarter. Austin Wealth Management LLC now owns 588,429 shares of the company’s stock valued at $28,556,000 after purchasing an additional 24,192 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in shares of Dimensional National Municipal Bond ETF by 2.6% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 488,958 shares of the company’s stock worth $23,734,000 after purchasing an additional 12,541 shares during the last quarter.

Dimensional National Municipal Bond ETF Trading Down 0.3 %

DFNM stock traded down $0.13 during trading on Wednesday, hitting $47.77. The company had a trading volume of 90,900 shares, compared to its average volume of 134,355. Dimensional National Municipal Bond ETF has a 52-week low of $47.40 and a 52-week high of $48.67. The company has a 50 day simple moving average of $48.02 and a 200-day simple moving average of $48.14.

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.