Dimensional National Municipal Bond ETF $DFNM Stake Increased by MBL Wealth LLC

MBL Wealth LLC lifted its position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 7.2% in the third quarter, according to its most recent 13F filing 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 approximately 2.3% of MBL Wealth LLC’s holdings, making the stock its 9th largest holding. MBL Wealth LLC’s holdings in Dimensional National Municipal Bond ETF were worth $38,328,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Navigoe LLC raised its holdings in Dimensional National Municipal Bond ETF by 5.6% in the first quarter. Navigoe LLC now owns 4,309 shares of the company’s stock valued at $206,000 after buying an additional 227 shares during the period. Henrickson Nauta Wealth Advisors Inc. acquired a new position in Dimensional National Municipal Bond ETF during the second quarter valued at approximately $229,000. Apollon Financial LLC acquired a new position in Dimensional National Municipal Bond ETF during the first quarter valued at approximately $246,000. Quantinno Capital Management LP purchased a new stake in Dimensional National Municipal Bond ETF during the first quarter worth approximately $246,000. Finally, Arkadios Wealth Advisors purchased a new stake in Dimensional National Municipal Bond ETF during the first quarter worth approximately $250,000.

Dimensional National Municipal Bond ETF Price Performance

Dimensional National Municipal Bond ETF stock opened at $46.93 on Friday. Dimensional National Municipal Bond ETF has a 52-week low of $45.70 and a 52-week high of $48.87. The firm has a fifty day moving average of $46.84 and a 200-day moving average of $47.68.

About Dimensional National Municipal Bond ETF

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.