Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) Position Lifted by Compass Financial Group Inc.

Compass Financial Group Inc. raised its position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 10.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 188,966 shares of the company’s stock after purchasing an additional 17,545 shares during the period. Dimensional National Municipal Bond ETF comprises 5.2% of Compass Financial Group Inc.’s portfolio, making the stock its 6th biggest position. Compass Financial Group Inc.’s holdings in Dimensional National Municipal Bond ETF were worth $9,167,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Glass Jacobson Investment Advisors llc bought a new position in shares of Dimensional National Municipal Bond ETF in the 3rd quarter worth $25,000. GPS Wealth Strategies Group LLC bought a new stake in shares of Dimensional National Municipal Bond ETF in the 4th quarter valued at about $180,000. McIlrath & Eck LLC raised its stake in shares of Dimensional National Municipal Bond ETF by 1,135.4% during the 3rd quarter. McIlrath & Eck LLC now owns 4,645 shares of the company’s stock worth $216,000 after acquiring an additional 4,269 shares in the last quarter. Breakwater Capital Group acquired a new stake in Dimensional National Municipal Bond ETF in the fourth quarter valued at approximately $240,000. Finally, Seaside Wealth Management Inc. purchased a new position in Dimensional National Municipal Bond ETF in the fourth quarter worth $246,000.

Dimensional National Municipal Bond ETF Stock Performance

Shares of DFNM traded up $0.05 during midday trading on Wednesday, hitting $47.73. 89,263 shares of the company’s stock traded hands, compared to its average volume of 94,750. Dimensional National Municipal Bond ETF has a 1 year low of $46.10 and a 1 year high of $48.59. The firm’s fifty day moving average is $48.09 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.