Rather & Kittrell Inc. Has $21.13 Million Stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Rather & Kittrell Inc. trimmed its position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 3.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 435,659 shares of the company’s stock after selling 15,418 shares during the quarter. Dimensional National Municipal Bond ETF accounts for 7.4% of Rather & Kittrell Inc.’s investment portfolio, making the stock its 4th largest holding. Rather & Kittrell Inc.’s holdings in Dimensional National Municipal Bond ETF were worth $21,134,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of DFNM. Blume Capital Management Inc. grew its stake in shares of Dimensional National Municipal Bond ETF by 1.3% during the third quarter. Blume Capital Management Inc. now owns 34,922 shares of the company’s stock valued at $1,623,000 after buying an additional 457 shares during the last quarter. Glass Jacobson Investment Advisors llc purchased a new stake in Dimensional National Municipal Bond ETF in the third quarter worth $25,000. Diversified Portfolios Inc. increased its stake in Dimensional National Municipal Bond ETF by 8.4% in the fourth quarter. Diversified Portfolios Inc. now owns 7,962 shares of the company’s stock worth $386,000 after purchasing an additional 620 shares during the period. IFG Advisory LLC lifted its position in shares of Dimensional National Municipal Bond ETF by 18.5% during the fourth quarter. IFG Advisory LLC now owns 5,186 shares of the company’s stock worth $252,000 after purchasing an additional 811 shares during the last quarter. Finally, Park Avenue Securities LLC boosted its stake in shares of Dimensional National Municipal Bond ETF by 3.1% during the third quarter. Park Avenue Securities LLC now owns 29,306 shares of the company’s stock valued at $1,362,000 after purchasing an additional 880 shares during the period.

Dimensional National Municipal Bond ETF Trading Down 0.0 %

Shares of NYSEARCA DFNM traded down $0.01 during mid-day trading on Friday, reaching $47.65. The company had a trading volume of 95,202 shares, compared to its average volume of 94,541. Dimensional National Municipal Bond ETF has a 52 week low of $46.10 and a 52 week high of $48.59. The business’s 50-day moving average is $48.07 and its 200-day moving average is $47.82.

Dimensional National Municipal Bond ETF 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.