Sax Wealth Advisors LLC Sells 9,303 Shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Sax Wealth Advisors LLC decreased its position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 8.4% in the 4th quarter, Holdings Channel reports. The firm owned 101,865 shares of the company’s stock after selling 9,303 shares during the quarter. Sax Wealth Advisors LLC’s holdings in Dimensional National Municipal Bond ETF were worth $4,866,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Choreo LLC bought a new position in Dimensional National Municipal Bond ETF during the second quarter worth $220,000. Envestnet Asset Management Inc. raised its position in shares of Dimensional National Municipal Bond ETF by 17.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 100,954 shares of the company’s stock worth $4,823,000 after acquiring an additional 14,844 shares in the last quarter. Glass Jacobson Investment Advisors llc lifted its stake in shares of Dimensional National Municipal Bond ETF by 8.4% in the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 7,395 shares of the company’s stock valued at $353,000 after purchasing an additional 572 shares during the period. Great Oak Capital Partners LLC bought a new stake in shares of Dimensional National Municipal Bond ETF during the 2nd quarter valued at about $452,000. Finally, RW Investment Management LLC grew its stake in Dimensional National Municipal Bond ETF by 1.3% during the second quarter. RW Investment Management LLC now owns 93,216 shares of the company’s stock worth $4,453,000 after purchasing an additional 1,171 shares during the period.

Dimensional National Municipal Bond ETF Price Performance

Shares of DFNM opened at $47.77 on Friday. Dimensional National Municipal Bond ETF has a 52-week low of $47.40 and a 52-week high of $48.67. The business’s 50 day moving average price is $47.98 and its two-hundred day moving average price is $48.13.

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.