Red Lighthouse Investment Management LLC Sells 2,760 Shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Red Lighthouse Investment Management LLC lowered its stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 30.2% during the fourth quarter, HoldingsChannel reports. The fund owned 6,377 shares of the company’s stock after selling 2,760 shares during the quarter. Red Lighthouse Investment Management LLC’s holdings in Dimensional National Municipal Bond ETF were worth $309,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Glass Jacobson Investment Advisors llc bought a new position in Dimensional National Municipal Bond ETF during the third quarter worth $25,000. GPS Wealth Strategies Group LLC bought a new position in Dimensional National Municipal Bond ETF during the fourth quarter worth $180,000. McIlrath & Eck LLC increased its position in Dimensional National Municipal Bond ETF by 1,135.4% during the third quarter. McIlrath & Eck LLC now owns 4,645 shares of the company’s stock worth $216,000 after acquiring an additional 4,269 shares during the period. Breakwater Capital Group acquired a new stake in Dimensional National Municipal Bond ETF during the fourth quarter worth $240,000. Finally, Seaside Wealth Management Inc. acquired a new stake in Dimensional National Municipal Bond ETF during the fourth quarter worth $246,000.

Dimensional National Municipal Bond ETF Stock Down 0.0 %

DFNM traded down $0.01 during trading on Friday, reaching $47.65. 95,202 shares of the company’s stock were exchanged, compared to its average volume of 94,541. Dimensional National Municipal Bond ETF has a fifty-two week low of $46.10 and a fifty-two week high of $48.59. The business has a 50 day moving average price of $48.05 and a 200 day moving average price of $47.83.

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.