Life Planning Partners Inc Acquires Shares of 5,200 Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Life Planning Partners Inc bought a new position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 5,200 shares of the company’s stock, valued at approximately $248,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its stake in Dimensional National Municipal Bond ETF by 5,195.7% in the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 3,943,633 shares of the company’s stock valued at $188,387,000 after buying an additional 3,869,164 shares in the last quarter. Strathmore Capital Advisors Inc. bought a new position in shares of Dimensional National Municipal Bond ETF in the fourth quarter worth $17,561,000. Vested Financial Planning LLC purchased a new position in shares of Dimensional National Municipal Bond ETF in the fourth quarter valued at $8,924,000. David Wealth Management LLC bought a new stake in shares of Dimensional National Municipal Bond ETF during the 4th quarter valued at $7,953,000. Finally, Entrewealth LLC purchased a new stake in Dimensional National Municipal Bond ETF during the 4th quarter worth about $6,830,000.

Dimensional National Municipal Bond ETF Stock Performance

Shares of NYSEARCA DFNM opened at $47.47 on Friday. Dimensional National Municipal Bond ETF has a 52 week low of $47.34 and a 52 week high of $48.67. The business has a 50-day simple moving average of $47.92 and a two-hundred day simple moving average of $48.05.

Dimensional National Municipal Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a dividend of $0.1286 per share. This is a positive change from Dimensional National Municipal Bond ETF’s previous dividend of $0.10. The ex-dividend date was Tuesday, March 25th.

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.