Phillips Financial Management LLC Sells 14,986 Shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Phillips Financial Management LLC decreased its stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 28.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 37,341 shares of the company’s stock after selling 14,986 shares during the period. Phillips Financial Management LLC’s holdings in Dimensional National Municipal Bond ETF were worth $1,784,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of DFNM. Aptus Capital Advisors LLC lifted its position in shares of Dimensional National Municipal Bond ETF by 3,613.8% during the 3rd quarter. Aptus Capital Advisors LLC now owns 22,357 shares of the company’s stock valued at $1,085,000 after buying an additional 21,755 shares during the last quarter. Dopkins Wealth Management LLC bought a new position in shares of Dimensional National Municipal Bond ETF in the third quarter valued at approximately $200,000. Yardley Wealth Management LLC purchased a new position in Dimensional National Municipal Bond ETF during the third quarter valued at approximately $12,247,000. First Horizon Advisors Inc. purchased a new position in Dimensional National Municipal Bond ETF during the third quarter worth about $45,000. Finally, Great Valley Advisor Group Inc. raised its holdings in shares of Dimensional National Municipal Bond ETF by 0.8% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 31,311 shares of the company’s stock valued at $1,520,000 after acquiring an additional 241 shares in the last quarter.

Dimensional National Municipal Bond ETF Trading Down 0.2 %

Shares of DFNM opened at $47.86 on Thursday. Dimensional National Municipal Bond ETF has a 12-month low of $47.40 and a 12-month high of $48.67. The stock has a 50-day moving average price of $47.93 and a 200-day moving average price of $48.10.

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.