MB Generational Wealth LLC Acquires Shares of 12,271 Dimensional National Municipal Bond ETF $DFNM

MB Generational Wealth LLC bought a new stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) in the 3rd quarter, Holdings Channel reports. The institutional investor bought 12,271 shares of the company’s stock, valued at approximately $589,000.

Several other hedge funds have also bought and sold shares of the stock. Aegis Wealth Management LLC bought a new position in shares of Dimensional National Municipal Bond ETF during the 3rd quarter valued at about $720,000. Austin Wealth Management LLC increased its holdings in shares of Dimensional National Municipal Bond ETF by 19.1% in the third quarter. Austin Wealth Management LLC now owns 450,340 shares of the company’s stock worth $21,742,000 after purchasing an additional 72,077 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in shares of Dimensional National Municipal Bond ETF by 3,236.8% in the third quarter. Smartleaf Asset Management LLC now owns 3,804 shares of the company’s stock worth $182,000 after buying an additional 3,690 shares in the last quarter. Heritage Wealth Management Inc. CA lifted its position in shares of Dimensional National Municipal Bond ETF by 5.9% in the third quarter. Heritage Wealth Management Inc. CA now owns 29,531 shares of the company’s stock worth $1,417,000 after buying an additional 1,643 shares in the last quarter. Finally, Concord Wealth Partners boosted its stake in Dimensional National Municipal Bond ETF by 13.5% during the third quarter. Concord Wealth Partners now owns 31,632 shares of the company’s stock valued at $1,518,000 after buying an additional 3,771 shares during the last quarter.

Dimensional National Municipal Bond ETF Stock Performance

NYSEARCA DFNM opened at $48.64 on Monday. Dimensional National Municipal Bond ETF has a 1-year low of $46.24 and a 1-year high of $48.68. The business has a 50 day simple moving average of $48.32 and a two-hundred day simple moving average of $48.04.

Dimensional National Municipal Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Wednesday, January 21st were issued a $0.0419 dividend. The ex-dividend date of this dividend was Wednesday, January 21st. This represents a c) dividend on an annualized basis and a dividend yield of 1.0%.

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.