Dimensional National Municipal Bond ETF (DFNM) Price, Holdings, & News

ETF Overview

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.

Key Stats

• Today's Range: $47.34 to $47.42
• 50-Day Range: $46.83 to $47.44
• 52-Week Range: $46.24 to $48.67
• Volume: 95,352 shs
• Average Volume: 122,102 shs
• Market Capitalization: $1.56 billion
• Assets Under Management: $1.56 billion
• Dividend Yield: 2.87%
• Net Expense Ratio: 0.17%
• Aggregate Rating: N/A

DFNM ETF - Frequently Asked Questions

How have DFNM shares performed this year?

Dimensional National Municipal Bond ETF's stock was trading at $47.77 at the start of the year. Since then, DFNM shares have decreased by 0.9% and is now trading at $47.35.
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Who are Dimensional National Municipal Bond ETF's major shareholders?

Top institutional investors of Dimensional National Municipal Bond ETF include Truepoint Inc. (8.60%), Focus Partners Wealth (6.20%), Foster Group Inc. (3.48%) and Beaird Harris Wealth Management LLC (2.53%).

How do I buy shares of Dimensional National Municipal Bond ETF?

Shares of DFNM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Fund Details

• Issuer: Dimensional Fund Advisors
• Fund Name: Dimensional National Municipal Bond ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:DFNM
• Inception Date: 11/15/2021
• Fund Manager: David A. Plecha, Joseph F. Kolerich, Travis A. Meldau
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Fixed Income
• Benchmark: N/A
• Category: Municipals
• Focus: Investment Grade
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 1047

Fund Statistics

• Assets Under Management: $1.56 billion
• Average Daily Volume: $0.00
• Discount/Premium: -0.03%

Administrator, Advisor and Custodian

• Administrator: Citi Fund Services Ohio, Inc.
• Advisor: Dimensional Fund Advisors L.P.
• Custodian: Citibank, N.A.
• Distributor: DFA Securities LLC
• Transfer Agent: Citibank, N.A.
• Trustee: N/A
• Lead Market Maker: Jane Street

Options

• Optionable: N/A
• Short Interest: 77,900 shs

Miscellaneous

• Outstanding Shares: 32,900,000
• Beta: 0.18
• Creation Unit: 50,000
• Creation Fee: $200.00