BCO Wealth Management LLC Buys Shares of 58,899 Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

BCO Wealth Management LLC purchased a new stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 58,899 shares of the company’s stock, valued at approximately $2,814,000. Dimensional National Municipal Bond ETF comprises about 2.3% of BCO Wealth Management LLC’s portfolio, making the stock its 9th biggest holding. BCO Wealth Management LLC owned about 0.23% of Dimensional National Municipal Bond ETF as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in DFNM. J.W. Cole Advisors Inc. increased its position in shares of Dimensional National Municipal Bond ETF by 3.0% during the 4th quarter. J.W. Cole Advisors Inc. now owns 8,300 shares of the company’s stock valued at $396,000 after purchasing an additional 240 shares during the last quarter. LJI Wealth Management LLC raised its holdings in Dimensional National Municipal Bond ETF by 3.4% in the 4th quarter. LJI Wealth Management LLC now owns 9,131 shares of the company’s stock worth $436,000 after purchasing an additional 300 shares during the period. Dynamic Advisor Solutions LLC raised its holdings in Dimensional National Municipal Bond ETF by 2.6% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 11,942 shares of the company’s stock worth $570,000 after purchasing an additional 301 shares during the period. Sigma Planning Corp lifted its position in Dimensional National Municipal Bond ETF by 6.9% during the fourth quarter. Sigma Planning Corp now owns 5,565 shares of the company’s stock valued at $266,000 after purchasing an additional 357 shares in the last quarter. Finally, Beta Wealth Group Inc. grew its holdings in Dimensional National Municipal Bond ETF by 5.4% during the fourth quarter. Beta Wealth Group Inc. now owns 9,589 shares of the company’s stock valued at $458,000 after purchasing an additional 493 shares during the period.

Dimensional National Municipal Bond ETF Stock Performance

Shares of DFNM opened at $47.45 on Thursday. Dimensional National Municipal Bond ETF has a 52 week low of $47.40 and a 52 week high of $48.67. The business has a 50-day simple moving average of $47.93 and a two-hundred day simple moving average of $48.06.

Dimensional National Municipal Bond ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th will be paid a dividend of $0.1286 per share. This is a boost from Dimensional National Municipal Bond ETF’s previous dividend of $0.10. The ex-dividend date is 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.