Graves Light Lenhart Wealth Inc. Increases Stake in Dimensional National Municipal Bond ETF $DFNM

Graves Light Lenhart Wealth Inc. lifted its holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 15.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 556,651 shares of the company’s stock after buying an additional 73,862 shares during the period. Dimensional National Municipal Bond ETF makes up 2.5% of Graves Light Lenhart Wealth Inc.’s holdings, making the stock its 11th biggest position. Graves Light Lenhart Wealth Inc. owned 1.20% of Dimensional National Municipal Bond ETF worth $26,906,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. boosted its position 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 valued at $58,000 after acquiring an additional 911 shares during the last quarter. Blueline Advisors LLC acquired a new position in Dimensional National Municipal Bond ETF in the 4th quarter valued at about $114,000. Advisory Services Network LLC purchased a new stake in Dimensional National Municipal Bond ETF during the 3rd quarter worth approximately $146,000. Operose Advisors LLC purchased a new stake in shares of Dimensional National Municipal Bond ETF during the fourth quarter worth $155,000. Finally, Raymond James Financial Inc. acquired a new stake in Dimensional National Municipal Bond ETF in the 2nd quarter valued at about $202,000.

Dimensional National Municipal Bond ETF Stock Up 0.1%

Shares of NYSEARCA:DFNM opened at $47.80 on Thursday. Dimensional National Municipal Bond ETF has a fifty-two week low of $47.27 and a fifty-two week high of $48.87. The firm’s 50 day moving average price is $48.14 and its 200 day moving average price is $48.28.

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.