Guardian Wealth Management LLC Invests $7.15 Million in Dimensional National Municipal Bond ETF $DFNM

Guardian Wealth Management LLC bought a new stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the fourth quarter, HoldingsChannel.com reports. The fund bought 148,396 shares of the company’s stock, valued at approximately $7,148,000. Dimensional National Municipal Bond ETF accounts for 2.3% of Guardian Wealth Management LLC’s holdings, making the stock its 16th biggest holding.

Other hedge funds have also bought and sold shares of the company. Royal Bank of Canada increased its position in Dimensional National Municipal Bond ETF by 6.5% during the first quarter. Royal Bank of Canada now owns 30,965 shares of the company’s stock worth $1,473,000 after buying an additional 1,889 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of Dimensional National Municipal Bond ETF by 160.9% in the first quarter. NewEdge Advisors LLC now owns 26,937 shares of the company’s stock valued at $1,281,000 after buying an additional 16,613 shares during the last quarter. Jane Street Group LLC lifted its position in shares of Dimensional National Municipal Bond ETF by 32.5% in the first quarter. Jane Street Group LLC now owns 44,323 shares of the company’s stock valued at $2,108,000 after buying an additional 10,866 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of Dimensional National Municipal Bond ETF by 292.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,223 shares of the company’s stock worth $58,000 after acquiring an additional 911 shares during the period. Finally, Cetera Investment Advisers bought a new position in shares of Dimensional National Municipal Bond ETF during the 2nd quarter worth approximately $383,000.

Dimensional National Municipal Bond ETF Price Performance

DFNM stock opened at $48.08 on Friday. Dimensional National Municipal Bond ETF has a 1-year low of $46.24 and a 1-year high of $48.87. The business’s 50 day simple moving average is $48.46 and its 200 day simple moving average is $48.29.

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.