Kovitz Investment Group Partners LLC Makes New Investment in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Kovitz Investment Group Partners LLC purchased a new position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the third quarter, Holdings Channel reports. The fund purchased 8,512 shares of the company’s stock, valued at approximately $413,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Aptus Capital Advisors LLC purchased a new position in shares of Dimensional National Municipal Bond ETF in the 2nd quarter worth about $29,000. First Horizon Advisors Inc. purchased a new position in shares of Dimensional National Municipal Bond ETF in the 3rd quarter worth about $45,000. Dopkins Wealth Management LLC purchased a new position in shares of Dimensional National Municipal Bond ETF in the 3rd quarter worth about $200,000. B.O.S.S. Retirement Advisors LLC purchased a new position in shares of Dimensional National Municipal Bond ETF in the 3rd quarter worth about $219,000. Finally, Choreo LLC purchased a new stake in Dimensional National Municipal Bond ETF during the second quarter valued at about $220,000.

Dimensional National Municipal Bond ETF Stock Down 0.1 %

NYSEARCA DFNM opened at $48.29 on Friday. Dimensional National Municipal Bond ETF has a 52 week low of $47.40 and a 52 week high of $48.67. The firm’s 50-day simple moving average is $48.17 and its two-hundred day simple moving average is $48.12.

Dimensional National Municipal Bond ETF Company 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.