Entrewealth LLC Takes $6.83 Million Position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Entrewealth LLC purchased a new stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 140,593 shares of the company’s stock, valued at approximately $6,830,000. Dimensional National Municipal Bond ETF makes up 6.4% of Entrewealth LLC’s investment portfolio, making the stock its 4th largest holding. Entrewealth LLC owned 0.54% of Dimensional National Municipal Bond ETF at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Principal Securities Inc. bought a new position in shares of Dimensional National Municipal Bond ETF in the 4th quarter valued at about $40,000. First Horizon Advisors Inc. bought a new position in Dimensional National Municipal Bond ETF in the third quarter valued at approximately $45,000. MilWealth Group LLC acquired a new stake in Dimensional National Municipal Bond ETF during the 4th quarter worth $96,000. JDH Wealth Management LLC bought a new stake in shares of Dimensional National Municipal Bond ETF during the 4th quarter valued at $207,000. Finally, TRU Independence Asset Management 2 LLC acquired a new position in shares of Dimensional National Municipal Bond ETF in the 4th quarter valued at $240,000.

Dimensional National Municipal Bond ETF Stock Performance

NYSEARCA:DFNM opened at $47.79 on Tuesday. The stock’s fifty day simple moving average is $47.93 and its 200-day simple moving average is $48.09. Dimensional National Municipal Bond ETF has a 12-month low of $47.40 and a 12-month high of $48.67.

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.