Generations Wealth LLC Makes New Investment in Dimensional National Municipal Bond ETF $DFNM

Generations Wealth LLC bought a new position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 15,229 shares of the company’s stock, valued at approximately $734,000. Dimensional National Municipal Bond ETF makes up about 0.8% of Generations Wealth LLC’s holdings, making the stock its 20th biggest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Truepoint Inc. lifted its position in Dimensional National Municipal Bond ETF by 4.0% in the fourth quarter. Truepoint Inc. now owns 2,974,080 shares of the company’s stock valued at $143,261,000 after purchasing an additional 114,271 shares during the last quarter. Focus Partners Wealth lifted its position in Dimensional National Municipal Bond ETF by 22.9% in the third quarter. Focus Partners Wealth now owns 2,569,749 shares of the company’s stock valued at $123,294,000 after purchasing an additional 479,262 shares during the last quarter. Symmetry Partners LLC bought a new stake in Dimensional National Municipal Bond ETF in the fourth quarter valued at approximately $63,911,000. Sequoia Financial Advisors LLC lifted its position in Dimensional National Municipal Bond ETF by 3.9% in the fourth quarter. Sequoia Financial Advisors LLC now owns 849,872 shares of the company’s stock valued at $40,938,000 after purchasing an additional 32,051 shares during the last quarter. Finally, Rather & Kittrell Inc. lifted its position in Dimensional National Municipal Bond ETF by 8.5% in the fourth quarter. Rather & Kittrell Inc. now owns 836,954 shares of the company’s stock valued at $40,316,000 after purchasing an additional 65,302 shares during the last quarter.

Dimensional National Municipal Bond ETF Trading Down 0.0%

Shares of DFNM stock opened at $48.26 on Friday. Dimensional National Municipal Bond ETF has a fifty-two week low of $47.15 and a fifty-two week high of $48.87. The stock has a 50 day moving average price of $48.20 and a two-hundred day moving average price of $48.31.

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.