Confluence Investment Management LLC Sells 43,634 Shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Confluence Investment Management LLC decreased its holdings in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 19.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 185,981 shares of the company’s stock after selling 43,634 shares during the period. Confluence Investment Management LLC’s holdings in Dimensional National Municipal Bond ETF were worth $9,028,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Landmark Wealth Management LLC grew its holdings in Dimensional National Municipal Bond ETF by 0.5% in the third quarter. Landmark Wealth Management LLC now owns 46,324 shares of the company’s stock worth $2,249,000 after purchasing an additional 253 shares during the period. Wheelhouse Advisory Group LLC bought a new position in shares of Dimensional National Municipal Bond ETF in the third quarter valued at $710,000. Pure Financial Advisors LLC grew its holdings in shares of Dimensional National Municipal Bond ETF by 1.1% during the third quarter. Pure Financial Advisors LLC now owns 19,337 shares of the company’s stock valued at $939,000 after buying an additional 219 shares during the last quarter. Creative Capital Management Investments LLC increased its position in shares of Dimensional National Municipal Bond ETF by 124.2% during the third quarter. Creative Capital Management Investments LLC now owns 5,896 shares of the company’s stock worth $286,000 after acquiring an additional 3,266 shares in the last quarter. Finally, Farther Finance Advisors LLC acquired a new stake in shares of Dimensional National Municipal Bond ETF in the 3rd quarter worth about $240,000.

Dimensional National Municipal Bond ETF Stock Up 0.5 %

Shares of NYSEARCA DFNM opened at $48.08 on Friday. Dimensional National Municipal Bond ETF has a fifty-two week low of $46.80 and a fifty-two week high of $48.67. The firm’s 50-day simple moving average is $48.28 and its 200 day simple moving average is $48.05.

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.