GEM Asset Management LLC Buys 590 Shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

GEM Asset Management LLC lifted its stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 0.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 73,723 shares of the company’s stock after purchasing an additional 590 shares during the quarter. Dimensional National Municipal Bond ETF accounts for about 2.0% of GEM Asset Management LLC’s portfolio, making the stock its 15th largest position. GEM Asset Management LLC owned about 0.28% of Dimensional National Municipal Bond ETF worth $3,522,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. First Horizon Advisors Inc. bought a new position in Dimensional National Municipal Bond ETF in the 3rd quarter valued at approximately $45,000. MilWealth Group LLC acquired a new stake in shares of Dimensional National Municipal Bond ETF during the 4th quarter valued at $96,000. Dopkins Wealth Management LLC acquired a new stake in shares of Dimensional National Municipal Bond ETF during the 3rd quarter valued at $200,000. JDH Wealth Management LLC acquired a new stake in shares of Dimensional National Municipal Bond ETF during the 4th quarter valued at $207,000. Finally, B.O.S.S. Retirement Advisors LLC bought a new stake in Dimensional National Municipal Bond ETF during the 3rd quarter worth $219,000.

Dimensional National Municipal Bond ETF Trading Down 0.0 %

Dimensional National Municipal Bond ETF stock opened at $48.04 on Wednesday. The stock has a 50-day moving average price of $47.91 and a two-hundred day moving average price of $48.13. Dimensional National Municipal Bond ETF has a 12 month low of $47.40 and a 12 month high of $48.67.

Dimensional National Municipal Bond ETF 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.