Dimensional National Municipal Bond ETF $DFNM Stock Acquired by MBL Wealth LLC

MBL Wealth LLC boosted its stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 7.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 832,678 shares of the company’s stock after purchasing an additional 56,177 shares during the quarter. Dimensional National Municipal Bond ETF comprises 2.3% of MBL Wealth LLC’s portfolio, making the stock its 9th largest position. MBL Wealth LLC owned about 1.72% of Dimensional National Municipal Bond ETF worth $38,328,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of DFNM. Mills Wealth Advisors LLC boosted its holdings in shares of Dimensional National Municipal Bond ETF by 15.1% in the 3rd quarter. Mills Wealth Advisors LLC now owns 188,831 shares of the company’s stock valued at $8,692,000 after purchasing an additional 24,800 shares during the last quarter. Cogent Strategic Wealth LLC grew its stake in shares of Dimensional National Municipal Bond ETF by 28.8% during the 3rd quarter. Cogent Strategic Wealth LLC now owns 24,726 shares of the company’s stock valued at $1,138,000 after buying an additional 5,528 shares during the period. Root Financial Partners LLC grew its stake in shares of Dimensional National Municipal Bond ETF by 40.2% during the 3rd quarter. Root Financial Partners LLC now owns 150,351 shares of the company’s stock valued at $6,921,000 after buying an additional 43,089 shares during the period. Kings Path Partners LLC acquired a new stake in shares of Dimensional National Municipal Bond ETF during the 3rd quarter worth $5,412,000. Finally, Pinnacle Associates Ltd. acquired a new stake in shares of Dimensional National Municipal Bond ETF during the 3rd quarter worth $311,000.

Dimensional National Municipal Bond ETF Stock Up 0.6%

Shares of DFNM opened at $46.93 on Friday. The stock’s fifty day simple moving average is $46.84 and its 200 day simple moving average is $47.68. Dimensional National Municipal Bond ETF has a twelve month low of $45.70 and a twelve month high of $48.87.

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.