Generations Wealth LLC Buys New Position in Dimensional National Municipal Bond ETF $DFNM

Generations Wealth LLC bought a new stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 15,229 shares of the company’s stock, valued at approximately $734,000. Dimensional National Municipal Bond ETF makes up approximately 0.8% of Generations Wealth LLC’s portfolio, making the stock its 20th biggest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. MAI Capital Management bought a new position in shares of Dimensional National Municipal Bond ETF during the third quarter valued at approximately $36,000. Geneos Wealth Management Inc. raised its holdings in shares of Dimensional National Municipal Bond ETF by 292.0% during the first 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 in the last quarter. Blueline Advisors LLC bought a new position in shares of Dimensional National Municipal Bond ETF during the fourth quarter valued at approximately $114,000. Cary Street Partners Investment Advisory LLC raised its holdings in shares of Dimensional National Municipal Bond ETF by 32.1% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 2,775 shares of the company’s stock valued at $133,000 after acquiring an additional 674 shares in the last quarter. Finally, Advisory Services Network LLC bought a new position in shares of Dimensional National Municipal Bond ETF during the third quarter valued at approximately $146,000.

Dimensional National Municipal Bond ETF Stock Performance

Shares of Dimensional National Municipal Bond ETF stock opened at $48.26 on Friday. The business has a 50 day moving average of $48.20 and a 200 day moving average of $48.31. Dimensional National Municipal Bond ETF has a 52 week low of $47.15 and a 52 week high of $48.87.

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.