Fifth Third Bancorp Invests $691,000 in Dimensional National Municipal Bond ETF $DFNM

Fifth Third Bancorp acquired a new position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 14,423 shares of the company’s stock, valued at approximately $691,000.

Several other large investors also recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. raised its position in Dimensional National Municipal Bond ETF by 292.0% in the first 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. Blueline Advisors LLC purchased a new stake in shares of Dimensional National Municipal Bond ETF in the 4th quarter worth $114,000. Advisory Services Network LLC purchased a new stake in shares of Dimensional National Municipal Bond ETF in the 3rd quarter worth $146,000. Operose Advisors LLC bought a new position in Dimensional National Municipal Bond ETF in the 4th quarter worth $155,000. Finally, Raymond James Financial Inc. bought a new position in Dimensional National Municipal Bond ETF in the 2nd quarter worth $202,000.

Dimensional National Municipal Bond ETF Trading Up 0.2%

NYSEARCA DFNM opened at $47.69 on Tuesday. The business’s fifty day moving average is $48.17 and its 200 day moving average is $48.31. Dimensional National Municipal Bond ETF has a fifty-two week low of $47.20 and a fifty-two week high of $48.87.

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.