DFNM institutional holders

Dimensional National Municipal Bond ETF · 306 reporting institutions · $2B reported value

Funds that can replace DFNM · DFNM return decomposition

Institutional holdings

Institutions reporting DFNM, largest first
InstitutionReported positionAdvisors at firmReport period
Focus Partners Wealth$245M1,0482026-06-30
Truepoint, Inc.$155.2M402026-06-30
Focus Partners Advisor Solutions, LLC$79.6M422026-06-30
Apella Capital, LLC$76.8M1042026-06-30
Foster Group, Inc.$71.7M582026-06-30
Symmetry Partners, LLC$62.1M232026-06-30
Geowealth Management, LLC$51M02026-06-30
Rather & Kittrell, Inc.$45.4M202026-06-30
Sequoia Financial Group, LLC$43.3M2582026-06-30
Pathstone Holdings, LLC$39.1M02026-06-30
Beaird Harris Wealth Management, LLC$38.5M182026-06-30
Mbl Advisors$37.5M102026-06-30
Awm Capital, LLC$35M292026-06-30
Commonwealth Equity Services, LLC$32.5M2,8632026-06-30
Waterford Advisors, LLC$28.8M72026-06-30
Ram Investment Partners, LLC$28.2M162026-06-30
Lpl Financial LLC$28M23,4582026-06-30
Graves Light Lenhart Wealth, Inc.$26.9M82026-06-30
Mattern Wealth Management LLC$26.5M42026-06-30
Pbmares Wealth Management LLC$25.7M12025-09-30
Bank of America Corp /de$23.3M02026-06-30
Aspiriant, LLC$20.9M732026-06-30
Hfm Investment Advisors, LLC$20.7M72026-06-30
Integrated Wealth Concepts LLC$18.9M4802026-06-30
Savant Wealth Management$18.2M4052026-06-30
Austin Wealth Management, LLC$17.5M102026-06-30
Md Financial Advisors / Vestment Financial$17M132026-06-30
Assetmark, Inc$16.9M2202026-06-30
Yardley Wealth Management LLC$15.9M32026-06-30
Wheelhouse Advisory Group LLC$15.4M122026-06-30
Hightower Advisors, LLC$14M1,0462026-06-30
Resonant Capital Advisors, LLC$13.6M152026-06-30
Brady Martz Wealth Solutions, LLC$13.2M82026-06-30
Strathmore Capital Advisors, Inc.$12.2M112026-06-30
Dopkins Wealth Management, LLC$12M72026-06-30
Vested Financial Planning, LLC$11.8M12026-06-30
Allworth Financial, LP$11.5M3172026-06-30
Entrewealth, LLC$11.2M172026-06-30
Osaic Holdings, Inc.$11.1M02026-06-30
West Financial Advisors, LLC$10.4M72026-06-30
Asset Planning Corporation$10.3M02025-09-30
Wealth Enhancement Advisory Services, LLC$10.2M1,0262026-06-30
55 North Private Wealth, LLC$10.2M72026-06-30
Envestnet Pmc$9.8M602026-06-30
Plancorp, LLC$9.7M522026-06-30
Citrine Capital$9.7M52026-06-30
Guardian Wealth Management, LLC$9.6M02026-06-30
25 Financial$9.4M92026-06-30
Confluence Investment Management LLC$9.2M82026-06-30
Outbound Financial$9.1M12026-06-30
Vestia Personal Wealth Advisors$8.6M222026-06-30
Porter White Investment Advisors, Inc.$8.5M52026-06-30
Forza Wealth Management, LLC$8.4M42026-06-30
Compass Financial Group, Inc.$8M02026-06-30
Rw Investment Management LLC$7.9M132026-06-30
Mills Wealth Advisors, LLC$7.9M72026-06-30
Concurrent Investment Advisors, LLC$7.9M3492026-06-30
Jpmorgan Chase & Co$7.4M02026-06-30
Optimus Capital Advisors, LLC$7.4M02026-06-30
Core Wealth Management, Inc.$7.3M32026-06-30
Maryland Capital Advisors Inc.$7.2M42026-06-30
United Wealth Management, LLC$6.7M62026-06-30
Collective Family Office, LLC$5.9M42026-06-30
Mercer Global Advisors Inc /adv$5.8M02026-06-30
Kings Path Partners LLC$5.7M42026-06-30
Johnson Wealth Management, LLC$5.6M32026-06-30
Bco Wealth Management, LLC$5.4M42026-06-30
Verus Financial Partners, Inc.$5.2M122026-06-30
Root Financial Partners, LLC$5.2M642026-06-30
Tillman Hartley LLC$5.1M32026-06-30
Sentinel Wealth Management, Inc.$5M22026-06-30
Mainsail Asset Management, LLC$4.9M02026-06-30
American Investment Services, Inc.$4.8M62026-06-30
Elequin Capital, LP$4.4M02026-06-30
Dinuzzo Private Wealth, Inc.$4.3M82026-06-30
Corient Private Wealth LP$4M6742026-06-30
Washington Trust Advisors$3.9M142026-06-30
Aurelius Family Office LLC$3.9M52026-06-30
Wescott Financial Advisory Group, LLC$3.8M232026-06-30
Vise Technologies, Inc.$3.8M02026-06-30
Stifel Financial Corp$3.7M02026-06-30
Mb Generational Wealth, LLC$3.7M32026-06-30
Private Advisor Group, LLC$3.7M9272026-06-30
Quarry Hill Advisors, LLC$3.6M42026-06-30
Aspen Wealth Management LLC$3.6M82026-06-30
Vermillion Wealth Management, Inc.$3.6M42026-06-30
Scratch Capital$3.4M42026-06-30
Bakeravenue$3.4M352026-06-30
Modera Wealth Management, LLC$3.3M1352026-06-30
Bwm Planning, LLC$3.3M52026-06-30
Truist Financial Corp$3.3M02026-06-30
E-Wealth Partners, LLC$3.3M52026-06-30
C2p Capital Advisory Group, LLC D.b.a. Prosperity Capital Advisors$3.1M1032026-06-30
Jackson Thornton Wealth Management, LLC$3.1M92026-06-30
Summit Wealth Group, LLC$3M02026-06-30
Note Advisors, LLC$3M62026-06-30
North Ridge Wealth Advisors, Inc.$3M02026-03-31
Tassel Capital Management, Inc$3M42026-06-30
Tandemgrowth Financial Advisors LLC$3M32026-06-30
Gem Asset Management, LLC$2.9M42026-06-30
Platform Wealth Management, LLC$2.8M112026-06-30
Edelman Financial Engines$2.7M7222026-06-30
Aerodigm Wealth, LLC$2.7M72026-06-30
Meredith Wealth Planning$2.7M22026-06-30
Ff Advisors, LLC$2.7M02026-06-30
Kestra Advisory Services, LLC$2.6M1,4792026-06-30
Hiley Hunt Wealth Management$2.5M32026-06-30
Waverly Advisors, LLC$2.3M2312026-06-30
Concord Wealth Partners$2.3M112026-06-30
Heritage Wealth Management, Inc. /ca$2.2M62026-06-30
Sax Wealth Advisors, LLC$2.2M422026-06-30
Legacy Financial Group, Inc.$2.1M82026-06-30
Verisail Partners, LLC$2.1M52026-06-30
Xy Planning Network, Inc.$2.1M02026-06-30
New Dimensions Wealth Management, LLC$2.1M22026-06-30
Family Capital Management, Inc.$2.1M42026-06-30
Timonier Family Office, Ltd.$2M42026-06-30
Cary Street Partners Financial LLC$1.9M02026-06-30
Sei Investments Co$1.9M02026-06-30
Shearwater Capital LLC$1.9M42026-06-30
Sb Capital Management Inc$1.9M02025-12-31
Pure Financial Advisors, LLC$1.9M882026-06-30
Northwest Wealth Management, LLC$1.9M212026-06-30
Farther Finance Advisors, LLC$1.9M3342026-06-30
Great Oak Capital Partners, LLC$1.8M52026-06-30
Jones Financial Companies LLLP$1.8M02026-06-30
Hartmann Taylor Wealth Management, LLC$1.8M12026-06-30
White Wing Wealth Management, LLC$1.8M22026-06-30
Switchpoint Financial Planning, LLC$1.8M22026-06-30
Elevate Wealth Advisory, Inc$1.8M122026-06-30
Landmark Wealth Management, LLC$1.7M02026-06-30
Penney Financial, LLC$1.7M42026-06-30
Raymond James Financial Inc$1.7M02026-06-30
Evanson Financial, LLC$1.7M42026-06-30
Onedigital Investment Advisors LLC$1.7M3862026-06-30
Evanson Asset Management, LLC$1.7M02026-03-31
Great Valley Advisor Group, LLC$1.7M2052026-06-30
Triune Financial Partners, LLC$1.7M162026-06-30
Signature Resources Capital Management, LLC$1.6M02026-06-30
Ifp Advisors, Inc$1.6M3182026-06-30
Wheels Up Wealth, Inc.$1.6M32026-06-30
Smartleaf Asset Management LLC$1.6M92026-06-30
One Capital Management, LLC$1.6M642026-06-30
Websterrogers Financial Advisors, LLC$1.5M72026-06-30
Wpwealth LLP$1.5M152026-06-30
Hb Wealth Management, LLC$1.4M1692026-06-30
Newedge Advisors$1.4M6012026-06-30
Mather Group, Llc.$1.4M1102026-06-30
Capstone Wealth Management, LLC$1.4M72026-06-30
Kane Co Wealth Management, Inc.$1.3M32026-06-30
Sterling Wealth Management, Inc.$1.3M82026-06-30
Jane Street Group, LLC$1.3M02026-06-30
Logan Stone Capital, LLC$1.3M02026-06-30
Quantinno Capital Management LP$1.3M02026-06-30
Cogentblue Wealth Advisors, LLC$1.3M52026-06-30
Heffernan Advisory, Inc$1.3M82026-06-30
Arborfi Advisors, LLC$1.2M22026-06-30
Claris Advisors, LLC / Mo$1.2M42026-06-30
Applied Capital LLC$1.2M02026-06-30
Financial Plan, Inc.$1.2M132026-06-30
Pacific Asset Management, LLC$1.1M02026-06-30
Bdfs Capital LLC$1.1M72026-06-30
Blume Capital Management, Inc.$1.1M42026-06-30
Pioneer Wealth Management Group$1.1M112026-06-30
Demming Financial Services Corp /adv$1.1M02026-06-30
Investmark Advisory Group LLC$1.1M112026-06-30
Beacon Pointe Advisors, LLC$1M4662026-06-30
Vistica Wealth Advisors, LLC$1M42026-06-30
Keb Asset Management, LLC$990.4K142026-06-30
Aegis Wealth Management LLC$986K02026-06-30
Cogent Private Wealth, Inc.$965.3K52026-06-30
Safeguard Investment Advisory Group, LLC$952.1K92026-06-30
Sterling Wealth Advisors Inc$942.9K32026-06-30
Cogent Strategic Wealth LLC$927.9K22026-06-30
Partners In Financial Planning$923.8K72026-06-30
Generations Wealth, LLC$898.9K22026-06-30
Ponta Wealth Partners, LLC$874.6K22026-06-30
Roberts Glore & Co Inc /il$857.1K02026-06-30
Wealthcare Advisory Partners LLC$834K1702026-06-30
MML Investors Services, LLC$825.6K5,1202026-06-30
Phillips Financial Management, LLC$817.5K152026-06-30
Jp Wealth Management, Inc.$815.4K22026-06-30
Jdh Wealth Management, LLC$814.6K12026-06-30
Friday Financial$807.1K312026-06-30
Crews Bank & Trust$758K02026-06-30
Physician Wealth Advisors, Inc.$745.2K92026-06-30
&partners$744.5K5552026-06-30
Disciplined Investments, LLC$738.4K62026-06-30
Anson Capital, Inc.$724.1K32026-06-30
Comerica Bank$719.4K02025-12-31
Hbe Wealth Management, LLC$717.2K52026-06-30
Integrity Wealth Solutions LLC$706.6K22026-06-30
Physician Wealth Solutions Inc.$695.6K12026-06-30
Springvest Wealth Management LLC$650.5K42026-06-30
Fifth Third Bancorp$628.9K02026-06-30
Integrated Wealthcare, LLC$624.9K32026-06-30
Grunden Financial Advisory, Inc.$606K02025-12-31
Glass Jacobson Investment Advisors LLC$593.5K102026-06-30
Broadhurst Jeffrey B$580K02026-06-30
Mosaic Family Wealth Partners, LLC$551.8K192026-06-30
Iowa State Bank$544.8K02026-06-30
Exencial Wealth Advisors, LLC$544.2K02026-03-31
Kaufman Rossin Wealth, LLC$542K62026-06-30
Burk Holdings LLC$532.2K72026-06-30
Binnacle Investments Inc$530.3K52025-09-30
Western Wealth Management, LLC$526.9K1122026-06-30
Jacobi Capital Management LLC$525.5K322026-06-30
Cva Family Office, LLC$521.3K82026-06-30
Andrews, Lucia Wealth Management LLC$521K12026-06-30
Copper Harbor Investment Advisors, LLC$513.4K52026-06-30
Royal Bank of Canada$511K02026-06-30
Burton Enright Welch$508.7K122026-06-30
Foundations Investment Advisors, LLC$507.6K3022026-06-30
Beta Wealth Group, Inc.$500.5K32026-06-30
Northwestern Mutual Wealth Management Co$497.1K02026-06-30
Foundry Financial LLC$486.7K102026-06-30
Life Planning Partners, Inc$472.9K32026-06-30
Meridian Wealth Management, LLC$472.2K582026-06-30
Noble Wealth Partners$461.4K32026-06-30
Eldridge Investment Advisors Inc$458K82026-06-30
Decisionpoint Financial, LLC$451.6K132026-06-30
Oath Planning, LLC$448.4K62026-06-30
Aptus Capital Advisors, LLC$435.3K212026-06-30
Copperleaf Capital, LLC$429.9K42025-09-30
Acorn Wealth Advisors, LLC$425.3K52026-06-30
Morgan Stanley$422.2K23,1852026-06-30
Forteris Wealth Management Inc.$420.8K22026-06-30
Tableaux Wealth$420.6K52026-06-30
Beckerman Wealth$420.4K42026-06-30
Vantage Point Financial LLC$418K162026-06-30
Five Oceans Advisors$415.9K32026-06-30
Legacy Capital Wealth Partners, LLC$405K172026-06-30
Choreo, LLC$402.7K1482026-06-30
Savvy Advisors, Inc.$388.9K2142026-06-30
Rehmann Capital Advisory Group$387.7K422026-06-30
Squire Investment Management Company, LLC$384.2K122026-06-30
Nuveen, LLC$379.2K02026-06-30
Stewardship Advisors, LLC$378.6K92026-06-30
Merit Financial Group, LLC$369.6K2952026-06-30
Merited Wealth, LLC$367.1K42026-06-30
Avestar Capital, LLC$361K132026-06-30
Seaside Wealth Management, Inc.$357.5K72026-06-30
Ifg Advisory, LLC$353.9K1102026-06-30
Inspire Advisors, LLC$352.6K752026-06-30
Tower Research Capital LLC (trc)$350.8K02026-06-30
Arkadios Wealth Advisors$349.3K2262026-06-30
V2 Financial Group LLC$336.5K42026-06-30
Red Lighthouse Investment Management, LLC$334.1K12026-06-30
Investment Advisory Group LLC$329.4K52026-06-30
Midwest Trust Co$327.2K02026-06-30

The 250 largest of 306 reporting institutions are listed.

Public filing evidence

Source: SEC Form 13F. These are institution-level reported positions; they do not establish that any individual advisor or their clients hold a fund.

Report period: 2025-09-30 to 2026-06-30