McCarthy & Cox Has $270,000 Stock Position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

McCarthy & Cox lessened its holdings in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 35.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,654 shares of the company’s stock after selling 3,112 shares during the quarter. McCarthy & Cox’s holdings in Dimensional National Municipal Bond ETF were worth $270,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DFNM. Strathmore Capital Advisors Inc. bought a new stake in shares of Dimensional National Municipal Bond ETF in the fourth quarter worth about $17,561,000. Yardley Wealth Management LLC bought a new stake in Dimensional National Municipal Bond ETF during the 3rd quarter worth approximately $12,247,000. Apella Capital LLC raised its holdings in Dimensional National Municipal Bond ETF by 17.4% during the 4th quarter. Apella Capital LLC now owns 552,649 shares of the company’s stock worth $26,400,000 after buying an additional 82,046 shares during the period. Rather & Kittrell Inc. raised its holdings in Dimensional National Municipal Bond ETF by 8.9% during the 3rd quarter. Rather & Kittrell Inc. now owns 632,168 shares of the company’s stock worth $30,685,000 after buying an additional 51,929 shares during the period. Finally, PBMares Wealth Management LLC lifted its stake in Dimensional National Municipal Bond ETF by 13.0% in the third quarter. PBMares Wealth Management LLC now owns 402,263 shares of the company’s stock valued at $19,526,000 after buying an additional 46,136 shares in the last quarter.

Dimensional National Municipal Bond ETF Price Performance

Shares of DFNM stock opened at $47.77 on Monday. Dimensional National Municipal Bond ETF has a 12-month low of $47.40 and a 12-month high of $48.67. The firm has a fifty day moving average of $47.98 and a 200-day moving average of $48.14.

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.