Keb Asset Management LLC Takes Position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Keb Asset Management LLC purchased a new position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 5,501 shares of the company’s stock, valued at approximately $263,000.

Several other institutional investors also recently bought and sold shares of the company. Principal Securities Inc. purchased a new position in Dimensional National Municipal Bond ETF in the fourth quarter worth about $40,000. First Horizon Advisors Inc. bought a new stake in shares of Dimensional National Municipal Bond ETF during the third quarter valued at approximately $45,000. MilWealth Group LLC purchased a new position in Dimensional National Municipal Bond ETF in the 4th quarter worth approximately $96,000. Dopkins Wealth Management LLC bought a new position in Dimensional National Municipal Bond ETF in the 3rd quarter valued at approximately $200,000. Finally, JDH Wealth Management LLC purchased a new stake in Dimensional National Municipal Bond ETF during the 4th quarter valued at $207,000.

Dimensional National Municipal Bond ETF Price Performance

Dimensional National Municipal Bond ETF stock opened at $48.03 on Monday. Dimensional National Municipal Bond ETF has a 12 month low of $47.40 and a 12 month high of $48.67. The stock has a fifty day simple moving average of $47.92 and a two-hundred day simple moving average of $48.10.

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.