Eldridge Investment Advisors Inc. Reduces Stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Eldridge Investment Advisors Inc. lowered its holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 23.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 26,815 shares of the company’s stock after selling 8,047 shares during the quarter. Eldridge Investment Advisors Inc. owned approximately 0.14% of Dimensional National Municipal Bond ETF worth $1,301,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of DFNM. Simplicity Solutions LLC lifted its holdings in Dimensional National Municipal Bond ETF by 14.8% in the 3rd quarter. Simplicity Solutions LLC now owns 10,273 shares of the company’s stock worth $477,000 after buying an additional 1,322 shares during the period. Commonwealth Equity Services LLC raised its position in shares of Dimensional National Municipal Bond ETF by 4.3% in the 3rd quarter. Commonwealth Equity Services LLC now owns 508,411 shares of the company’s stock worth $23,626,000 after acquiring an additional 20,868 shares in the last quarter. Park Avenue Securities LLC raised its position in shares of Dimensional National Municipal Bond ETF by 3.1% in the 3rd quarter. Park Avenue Securities LLC now owns 29,306 shares of the company’s stock worth $1,362,000 after acquiring an additional 880 shares in the last quarter. PBMares Wealth Management LLC raised its position in shares of Dimensional National Municipal Bond ETF by 7.9% in the 3rd quarter. PBMares Wealth Management LLC now owns 259,731 shares of the company’s stock worth $12,070,000 after acquiring an additional 19,052 shares in the last quarter. Finally, Sage Rhino Capital LLC raised its position in shares of Dimensional National Municipal Bond ETF by 6.6% in the 3rd quarter. Sage Rhino Capital LLC now owns 50,750 shares of the company’s stock worth $2,358,000 after acquiring an additional 3,157 shares in the last quarter.

Dimensional National Municipal Bond ETF Stock Up 0.0 %

Shares of NYSEARCA:DFNM traded up $0.01 during trading on Thursday, hitting $47.73. The stock had a trading volume of 36,698 shares, compared to its average volume of 93,051. Dimensional National Municipal Bond ETF has a 12 month low of $46.10 and a 12 month high of $48.59. The firm’s fifty day moving average is $48.02 and its 200 day moving average is $47.86.

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.