Dimensional National Municipal Bond ETF $DFNM Stock: JDH Wealth Management LLC Raises Stake

JDH Wealth Management LLC raised its holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 160.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 43,818 shares of the company’s stock after buying an additional 26,965 shares during the quarter. Dimensional National Municipal Bond ETF accounts for 1.2% of JDH Wealth Management LLC’s investment portfolio, making the stock its 18th largest holding. JDH Wealth Management LLC owned about 0.09% of Dimensional National Municipal Bond ETF worth $2,017,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of DFNM. Navigoe LLC grew its position in shares of Dimensional National Municipal Bond ETF by 5.6% during the 1st quarter. Navigoe LLC now owns 4,309 shares of the company’s stock worth $206,000 after buying an additional 227 shares during the period. Henrickson Nauta Wealth Advisors Inc. bought a new stake in shares of Dimensional National Municipal Bond ETF in the 2nd quarter valued at $229,000. Apollon Financial LLC bought a new stake in shares of Dimensional National Municipal Bond ETF in the 1st quarter valued at $246,000. Quantinno Capital Management LP acquired a new position in shares of Dimensional National Municipal Bond ETF during the 1st quarter valued at $246,000. Finally, Arkadios Wealth Advisors acquired a new position in shares of Dimensional National Municipal Bond ETF during the 1st quarter valued at $250,000.

Dimensional National Municipal Bond ETF Price Performance

Shares of NYSEARCA DFNM opened at $46.71 on Tuesday. Dimensional National Municipal Bond ETF has a 12-month low of $45.70 and a 12-month high of $48.87. The company’s fifty day simple moving average is $46.91 and its 200 day simple moving average is $47.71.

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.