Skip to content
Disclosery

DFNM DIMENSIONAL ETF TRUST

Follow

NATL MUN BD ETF (fund)

245 managers (247 13F filers) reported a position in DFNM shares at 2025-09-30, 29,187,660 shares in all. 21 filers opened a position and 12 filers sold out during the quarter.

Managers
245
13F filers
247
New
21
Added
136
Reduced
62
Sold out
12
Shares held by filers
29,187,660

Shares held by filers adds up every 13F filer's report, so a share reported by a parent and by its subsidiary counts twice (H9). Managers counts each filer group once.

13D and 13G filers

No 13D or 13G on this security in the data. Structured 13D/G data starts 2024-12-18.

Insider trades

No Form 4 transaction on this security in the data.

13F holders, Q3 2025

Filers in the available 13F reports with a share position at 2025-09-30, filer groups collapsed to one row (method), largest first. Options and principal amounts are left out. A group row states no % of portfolio, since each member reports its own portfolio: the members' percents are listed under it. A value about 1,000 times or 1/1,000 of the price other filers imply is shown as filed but neither ranks the row nor enters a sum.

HolderSharesValue% of portfolioChangeSource
Focus Partners Wealthgroup of 2 filers holding3,400,477$163M+615,595Timeline
Truepoint, Inc.2,859,809$137M3.19%+221,96313F-HRTimeline
Foster Group, Inc.1,491,283$71.6M2.25%-12,11913F-HRTimeline
GeoWealth Management, LLC864,504$41.5M1.51%+2,09613F-HRTimeline
Beaird Harris Wealth Management, LLC836,330$40.1M2.84%+14,34213F-HRTimeline
Sequoia Financial Advisors, LLC817,821$39.2M0.24%+36,22813F-HRTimeline
Pathstone Holdings, LLCin group Pathstone Holdings, LLC811,864$39M0.15%+18,44613F-HRTimelineGroup
Rather & Kittrell, Inc.771,652$37M6.48%-11,07513F-HRTimeline
MBL Wealth, LLC680,415$32.6M2.85%+13,30213F-HRTimeline
Apella Capital, LLC656,842$31.7M0.71%+45,45013F-HRTimeline
AWM CAPITAL, LLC653,511$31.4M2.85%+181,21413F-HRTimeline
HighTower Advisors, LLC615,488$29.5M0.03%+36,93413F-HRTimeline
COMMONWEALTH EQUITY SERVICES, LLC608,447$29.2M0.04%+19,23213F-HRTimeline
PBMares Wealth Management LLC536,316$25.7M4.17%+27,07513F-HRTimeline
Mattern Wealth Management LLC529,294$25.4M5.07%-24,57013F-HRTimeline
Austin Wealth Management, LLC450,340$21.7M3.41%+72,07713F-HRTimeline
LPL Financial LLC423,200$20.3M0.01%+23,57813F-HRTimeline
RAM Investment Partners, LLC414,648$19.9M3.73%+78,74113F-HRTimeline
HFM Investment Advisors, LLC375,124$18M7.3%+5,04813F-HRTimeline
ASPIRIANT, LLC367,049$17.6M0.54%+19,59713F-HRTimeline
WEALTH ENHANCEMENT ADVISORY SERVICES, L…353,484$17M0.03%-30,34213F-HRTimeline
BANK OF AMERICA CORP /DE/in group BANK OF AMERICA CORP /DE/341,011$16.4M<0.01%+33,73613F-HR/ATimelineGroup
ASSETMARK, INCin group ASSETMARK, INC335,038$16.1M0.03%-2,61613F-HRTimelineGroup
Yardley Wealth Management LLC284,228$13.6M7.62%+4,02213F-HRTimeline
Graves Light Lenhart Wealth, Inc.274,291$13.2M1.46%+28,22813F-HRTimeline
Vestment Financial LLC253,856$12.2M6.95%+25,94913F-HRTimeline
Resonant Capital Advisors, LLC239,065$11.5M0.67%+22,63613F-HRTimeline
Strathmore Capital Advisors, Inc.231,311$11.1M4.55%-28,42313F-HRTimeline
CONFLUENCE INVESTMENT MANAGEMENT LLC216,392$10.4M0.15%+48,49713F-HRTimeline
NorthCoast Asset Management LLC216,090$10.4M0.04%-18,46513F-HRTimeline
ASSET PLANNING CORPORATION215,251$10.3M4.9%-2,43513F-HRTimeline
West Financial Advisors, LLC193,740$9.3M1.54%+6,21913F-HRTimeline
Vested Financial Planning, LLC193,524$9.29M7.53%+7,75613F-HRTimeline
Integrated Wealth Concepts LLC187,606$9M0.08%+1,56113F-HRTimeline
Brady Martz Wealth Solutions, LLC172,822$8.29M1.51%+16,14213F-HRTimeline
Compass Financial Group, Inc.170,078$8.16M3.66%-6,36313F-HRTimeline
ENTREWEALTH, LLC168,214$8.07M4.15%+44,73013F-HRTimeline
DOPKINS WEALTH MANAGEMENT, LLC167,485$8.04M3.39%+48,40013F-HRTimeline
Plancorp, LLC166,513$7.99M0.25%+2,32113F-HRTimeline
Porter White Investment Advisors, Inc.160,175$7.69M3.3%+3,79113F-HRTimeline
Outbound Financial Inc155,550$7.46M6.09%+3,31513F-HRTimeline
Wheelhouse Advisory Group LLC154,996$7.44M3.2%+35,98413F-HRTimeline
Citrine Capital LLC142,390$6.83M3.16%+35,70513F-HRTimeline
OSAIC HOLDINGS, INC.in group OSAIC HOLDINGS, INC.138,601$6.65M0.01%+5,10213F-HRTimelineGroup
Core Wealth Management, Inc.138,159$6.63M2.13%+28,01013F-HRTimeline
MARYLAND CAPITAL ADVISORS INC.135,947$6.52M2.33%+9,17413F-HRTimeline
VESTIA PERSONAL WEALTH ADVISORS125,804$6.04M3.5%+10,14713F-HRTimeline
United Wealth Management, LLC124,493$5.97M1.63%+16,86813F-HRTimeline
COLLECTIVE FAMILY OFFICE LLC118,896$5.7M1.37%-20,20913F-HRTimeline
Savant Capital, LLCin group Savant Capital, LLC104,860$5.03M0.03%+84,74113F-HR/ATimelineGroup
SENTINEL WEALTH MANAGEMENT, INC.102,851$4.93M4.29%-4,22613F-HRTimeline
Forza Wealth Management, LLC99,200$4.76M1.82%+9,20013F-HRTimeline
ENVESTNET ASSET MANAGEMENT INCin group ENVESTNET ASSET MANAGEMENT INC93,845$4.5M<0.01%-76313F-HRTimelineGroup
Verus Financial Partners, Inc.90,861$4.36M0.42%-3,14113F-HRTimeline
Johnson Wealth Management, LLC86,104$4.13M2.28%13F-HRTimeline
BCO Wealth Management LLC85,033$4.08M2.69%+11,71213F-HRTimeline
Washington Trust Advisors, Inc.81,477$3.91M0.3%new13F-HRTimeline
Allworth Financial LP81,219$3.9M0.02%+19,79513F-HRTimeline
Wescott Financial Advisory Group, LLC79,150$3.8M0.34%+4213F-HRTimeline
GOLDMAN SACHS GROUP INCin group GOLDMAN SACHS GROUP INC78,860$3.78M<0.01%new13F-HRTimelineGroup
STIFEL FINANCIAL CORPin group STIFEL FINANCIAL CORP78,169$3.75M<0.01%-1,41113F-HRTimelineGroup
Vermillion Wealth Management, Inc.76,998$3.69M1%+1,12213F-HRTimeline
RW Investment Management LLC74,924$3.59M0.37%-1,31513F-HRTimeline
Tillman Hartley LLC73,891$3.55M0.92%+20,21013F-HRTimeline
DiNuzzo Private Wealth, Inc.74,108$3.51M0.4%+3,48013F-HRTimeline
Aurelius Family Office LLC68,869$3.3M1.47%+4,82913F-HRTimeline
Aspen Wealth Management LLC68,486$3.29M0.73%-1,14613F-HRTimeline
Modera Wealth Management, LLC67,994$3.26M0.04%-1,67413F-HRTimeline
JPMORGAN CHASE & COin group JPMORGAN CHASE & CO67,889$3.26M<0.01%+9,09513F-HR/ATimelineGroup
GEM Asset Management, LLC67,259$3.23M1.53%+20513F-HRTimeline
C2P Capital Advisory Group, LLC d.b.a. …66,799$3.21M0.19%-1,37413F-HRTimeline
SEVEN MILE ADVISORY66,526$3.19M0.52%new13F-HRTimeline
Summit Wealth Group, LLC65,072$3.12M0.76%-9913F-HRTimeline
25 LLC64,372$3.09M1.05%+6,25213F-HRTimeline
American Investment Services, Inc.64,110$3.08M0.74%-97813F-HRTimeline
LEGACY FINANCIAL GROUP, INC.63,114$3.03M0.83%-13,04013F-HRTimeline
Tassel Capital Management, Inc.62,794$3.01M1.93%+1,81413F-HRTimeline
TRUIST FINANCIAL CORPin group TRUIST FINANCIAL CORP61,695$2.96M<0.01%+11,03013F-HRTimelineGroup
CARY STREET PARTNERS ASSET MANAGEMENT L…group of 2 filers holding59,721$2.87M+2,845Timeline
Corient Private Wealth LPin group Corient Private Wealth LP57,817$2.77M<0.01%-27,53613F-HRTimelineGroup
Baker Avenue Asset Management, LP56,056$2.69M0.06%+1,08413F-HRTimeline
HB Wealth Management, LLC55,830$2.68M0.02%-10,32513F-HRTimeline
FF Advisors,LLC55,193$2.65M1.27%-75913F-HRTimeline
Waverly Advisors, LLC54,555$2.62M0.03%-26,11513F-HRTimeline
SCRATCH CAPITAL LLC53,640$2.57M1.7%+33,84513F-HRTimeline
QUARRY HILL ADVISORS, LLC49,639$2.38M1.22%+11,21213F-HRTimeline
Evanson Asset Management, LLC48,639$2.33M0.13%-33,04813F-HRTimeline
Financial Engines Advisors L.L.C.48,174$2.31M<0.01%+13,14513F-HRTimeline
Timonier Family Office, LTD.46,309$2.22M0.73%-1,16513F-HRTimeline
Verisail Partners, LLC46,233$2.22M0.94%+1,39313F-HRTimeline
Hiley Hunt Wealth Management45,916$2.2M1.04%+7,87513F-HRTimeline
Private Advisor Group, LLC45,007$2.16M0.01%+1,93713F-HRTimeline
Root Financial Partners, LLC44,552$2.14M0.13%+37,17513F-HRTimeline
North Ridge Wealth Advisors, Inc.43,789$2.1M1.2%+6,13213F-HRTimeline
Shearwater Capital LLC42,255$2.03M1.2%+2,20413F-HRTimeline
Landmark Wealth Management, LLC41,976$2.01M0.8%+2,83413F-HRTimeline
PARK AVENUE SECURITIES LLCin group PARK AVENUE SECURITIES LLC41,893$2.01M0.02%-60313F-HRTimelineGroup
Note Advisors, LLC39,126$1.88M1.12%+3,28913F-HRTimeline
Pure Financial Advisors, LLC38,661$1.85M0.03%+31013F-HRTimeline
US BANCORP \DE\in group US BANCORP \DE\37,952$1.82M<0.01%013F-HRTimelineGroup
MATHER GROUP, LLC.37,770$1.81M0.02%+83213F-HRTimeline
Hartmann Taylor Wealth Management, LLC37,250$1.79M1.28%013F-HRTimeline
SwitchPoint Financial Planning, LLC36,771$1.76M1.28%+2,64613F-HRTimeline
ELEVATE WEALTH ADVISORY, INC36,699$1.76M1.28%+73113F-HRTimeline
SAX WEALTH ADVISORS, LLC36,669$1.76M0.09%-4,79413F-HRTimeline
GREAT OAK CAPITAL PARTNERS, LLC35,811$1.72M0.45%-3,81313F-HRTimeline
Mills Wealth Advisors LLC34,856$1.67M0.68%-1,13913F-HRTimeline
Family Capital Management, Inc.33,943$1.63M0.78%+2,89613F-HRTimeline
GREAT VALLEY ADVISOR GROUP, INC.in group GREAT VALLEY ADVISOR GROUP, I…33,710$1.62M0.03%+2513F-HRTimelineGroup
WEBSTERROGERS FINANCIAL ADVISORS, LLC32,833$1.58M0.47%+5,47613F-HRTimeline
Penney Financial, LLC31,737$1.52M0.68%new13F-HRTimeline
Concord Wealth Partnersgroup of 2 filers holding31,632$1.52M-24,090Timeline
Heritage Wealth Management, Inc. /CA/29,531$1.42M0.97%+1,64313F-HRTimeline
SEI INVESTMENTS COin group SEI INVESTMENTS CO29,166$1.4M<0.01%+6,86613F-HRTimelineGroup
Betterment LLC28,215$1.35M<0.01%+5,82213F-HRTimeline
NewEdge Advisors, LLC27,825$1.34M0.01%-34613F-HRTimeline
RAYMOND JAMES FINANCIAL INCin group RAYMOND JAMES FINANCIAL INC26,742$1.28M<0.01%+22,47313F-HRTimelineGroup
One Capital Management, LLC26,715$1.28M0.04%+6,23513F-HRTimeline
Signature Resources Capital Management,…26,475$1.27M0.7%+3,02713F-HRTimeline
OneDigital Investment Advisors LLC26,250$1.26M0.01%-23613F-HRTimeline
CogentBlue Wealth Advisors, LLC25,881$1.24M0.85%+3,11613F-HRTimeline
MERCER GLOBAL ADVISORS INC /ADV25,817$1.24M<0.01%+1,71813F-HRTimeline
JACKSON THORNTON WEALTH MANAGEMENT, LLC25,448$1.22M0.12%+1,54513F-HRTimeline
NORTHWEST WEALTH MANAGEMENT, LLC25,154$1.21M0.2%+3,90313F-HRTimeline
One Degree Advisors Inc24,758$1.19M0.36%+1,94413F-HRTimeline
WPWealth LLP24,320$1.17M0.19%+3,29013F-HRTimeline
Wealthcare Advisory Partners LLCin group Wealthcare Advisory Partners …24,035$1.15M0.02%+9,55213F-HRTimelineGroup
IFP Advisors, Inc23,223$1.11M0.03%+12,59213F-HR/ATimeline
Warburton Capital Management, LLC22,741$1.09M0.66%+53713F-HRTimeline
Blume Capital Management, Inc.22,685$1.09M0.21%013F-HRTimeline
White Wing Wealth Management22,496$1.08M0.67%-14213F-HRTimeline
Investmark Advisory Group LLC22,084$1.06M0.46%013F-HRTimeline
New Dimensions Wealth Management, LLC21,966$1.05M0.92%+4,08913F-HRTimeline
PHILLIPS FINANCIAL MANAGEMENT, LLC21,408$1.03M0.07%+6113F-HRTimeline
ROBERTS GLORE & CO INC /IL/20,600$988K0.27%013F-HRTimeline
ROYAL BANK OF CANADAin group ROYAL BANK OF CANADA19,903$955K<0.01%+66013F-HRTimelineGroup
Meredith Wealth Planning19,400$931K0.3%+11,62513F-HRTimeline
Sterling Wealth Advisors Inc18,461$891K0.57%+37513F-HRTimeline
Farther Finance Advisors, LLC18,030$865K0.01%+15,96813F-HRTimeline
PFG Private Wealth Management, LLC18,022$865K0.39%new13F-HRTimeline
Integrity Wealth Solutions LLC18,022$865K0.39%-1,34413F-HRTimeline
XY Planning Network, Inc.17,674$838K0.29%013F-HRTimeline
Cambridge Investment Research Advisors,…17,369$833K<0.01%+2,83113F-HRTimeline
Crews Bank & Trust17,352$833K0.12%+5,14213F-HRTimeline
Safeguard Investment Advisory Group, LLC17,100$820K0.2%-3,10213F-HRTimeline
JP Wealth Management, Inc.16,870$809K0.54%new13F-HRTimeline
BROWN BROTHERS HARRIMAN & COin group BROWN BROTHERS HARRIMAN & CO16,600$796K<0.01%013F-HRTimelineGroup
ArborFi Advisors, LLC16,512$792K0.65%+1,95913F-HRTimeline
Physician Wealth Solutions Inc.16,067$771K0.34%-7,47113F-HRTimeline
CPA Asset Management Group, LLC15,869$761K0.29%-1,89513F-HRTimeline
Sterling Wealth Management, Inc.15,637$750K0.23%+3,08313F-HRTimeline
Aegis Wealth Management LLC15,000$720K0.39%new13F-HRTimeline
COMERICA BANK14,769$709K<0.01%+1,24613F-HRTimeline
Disciplined Investments, LLC14,725$707K0.28%-60813F-HRTimeline
Friday Financial14,701$705K0.3%+97313F-HRTimeline
Rehmann Capital Advisory Group14,671$704K0.04%013F-HRTimeline
Physician Wealth Advisors, Inc.14,642$703K0.1%+6,19813F-HRTimeline
MML INVESTORS SERVICES, LLC14,451$693K<0.01%+2,75313F-HRTimeline
Beacon Pointe Advisors, LLC13,592$652K0.01%new13F-HRTimeline
Capstone Wealth Management, LLC13,021$625K0.48%new13F-HRTimeline
Kings Path Partners LLC12,898$619K0.23%+2,89113F-HRTimeline
Grunden Financial Advisory, Inc.12,465$598K0.24%+1,47213F-HRTimeline
MB Generational Wealth, LLC12,271$589K0.37%13F-HRTimeline
JANE STREET GROUP, LLCin group JANE STREET GROUP, LLC12,126$582K<0.01%new13F-HRTimelineGroup
SpringVest Wealth Management LLC11,374$546K0.4%013F-HRTimeline
Iowa State Bank11,271$541K0.1%013F-HRTimeline
KEB ASSET MANAGEMENT, LLC11,191$537K0.12%+2,02313F-HRTimeline
Pacific Asset Management, LLC11,113$533K0.36%-5513F-HRTimeline
Binnacle Investments Inc11,053$530K0.31%+45913F-HRTimeline
CVA Family Office, LLC10,785$517K0.07%013F-HRTimeline
BWM Planning, LLC10,726$515K0.15%+5,66513F-HRTimeline
Cetera Investment Advisers10,721$514K<0.01%+2,64513F-HRTimeline
EXENCIAL WEALTH ADVISORS, LLC10,685$513K0.02%+313F-HRTimeline
Jacobi Capital Management LLC10,634$510K0.03%+7813F-HRTimeline
Burton Enright Welch10,631$510K0.08%-17313F-HRTimeline
Meridian Wealth Management, LLC10,521$505K0.02%+2,02813F-HRTimeline
Creative Planningin group Creative Planning10,510$504K<0.01%+3213F-HRTimelineGroup
CLARIS ADVISORS, LLC / MO /10,288$488K0.17%013F-HRTimeline
MOSAIC FAMILY WEALTH PARTNERS, LLC10,130$486K0.06%new13F-HRTimeline
Life Planning Partners, Inc10,124$486K0.35%+2,25313F-HRTimeline
Eldridge Investment Advisors, Inc.10,062$483K0.11%+5513F-HRTimeline
JONES FINANCIAL COMPANIES LLLPin group JONES FINANCIAL COMPANIES LLLP9,980$478K<0.01%-1,25313F-HRTimelineGroup
Glass Jacobson Investment Advisors llc9,965$478K0.17%+1,12513F-HRTimeline
Five Oceans Advisors9,620$462K0.17%013F-HRTimeline
Triune Financial Partners, LLC9,440$453K0.11%+3,45613F-HRTimeline
DecisionPoint Financial, LLC9,344$449K0.1%013F-HRTimeline
Dynamic Advisor Solutions LLC9,333$448K0.01%-70013F-HRTimeline
Western Wealth Management, LLC9,315$447K0.02%-1,27513F-HRTimeline
RCS Financial Planning, LLC9,224$443K0.2%+76913F-HRTimeline
EverSource Wealth Advisors, LLCin group EverSource Wealth Advisors, L…9,215$442K0.02%+14013F-HRTimelineGroup
Beta Wealth Group, Inc.9,068$435K0.17%+77813F-HRTimeline
JDH Wealth Management, LLC9,016$433K0.31%+1,50513F-HRTimeline
Vise Technologies, Inc.8,992$431K0.02%new13F-HRTimeline
Copperleaf Capital, LLC8,961$430K0.21%+77413F-HRTimeline
Beckerman Institutional, LLC8,887$426K0.25%-17013F-HRTimeline
MORGAN STANLEYin group MORGAN STANLEY8,789$422K<0.01%013F-HR/ATimelineGroup
Legacy Capital Wealth Partners, LLC8,569$411K0.09%+24313F-HRTimeline
Burk Holdings LLC8,391$403K0.22%-16413F-HRTimeline
Foundations Investment Advisors, LLC8,098$389K0.01%new13F-HRTimeline
Anson Capital, Inc.7,935$381K0.29%013F-HRTimeline