Corient Private Wealth LLC Grows Stake in Dimensional National Municipal Bond ETF $DFNM

Corient Private Wealth LLC increased its stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 49.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 86,545 shares of the company’s stock after purchasing an additional 28,728 shares during the period. Corient Private Wealth LLC’s holdings in Dimensional National Municipal Bond ETF were worth $4,169,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. MAI Capital Management purchased a new position in Dimensional National Municipal Bond ETF in the third quarter valued at about $36,000. Geneos Wealth Management Inc. lifted its holdings in 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 worth $58,000 after buying an additional 911 shares during the last quarter. Blueline Advisors LLC bought a new position in Dimensional National Municipal Bond ETF during the 4th quarter worth approximately $114,000. Advisory Services Network LLC bought a new position in Dimensional National Municipal Bond ETF during the 3rd quarter worth approximately $146,000. Finally, Operose Advisors LLC acquired a new position in shares of Dimensional National Municipal Bond ETF in the 4th quarter worth approximately $155,000.

Dimensional National Municipal Bond ETF Trading Up 0.0%

Shares of NYSEARCA DFNM opened at $48.30 on Friday. Dimensional National Municipal Bond ETF has a twelve month low of $47.15 and a twelve month high of $48.87. The business has a 50 day simple moving average of $48.23 and a 200-day simple moving average of $48.32.

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.