KFG Wealth Management LLC Takes $277,000 Position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

KFG Wealth Management LLC bought a new stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 5,705 shares of the company’s stock, valued at approximately $277,000.

Other hedge funds also recently modified their holdings of the company. Advisor Group Holdings Inc. acquired a new stake in Dimensional National Municipal Bond ETF during the 1st quarter worth approximately $90,000. Laurel Wealth Advisors Inc. raised its holdings in shares of Dimensional National Municipal Bond ETF by 6.1% in the first quarter. Laurel Wealth Advisors Inc. now owns 7,917 shares of the company’s stock valued at $384,000 after purchasing an additional 456 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of Dimensional National Municipal Bond ETF by 280.6% in the first quarter. Jane Street Group LLC now owns 58,286 shares of the company’s stock valued at $2,825,000 after purchasing an additional 42,972 shares during the last quarter. UBS Group AG raised its holdings in shares of Dimensional National Municipal Bond ETF by 81.0% in the second quarter. UBS Group AG now owns 1,068 shares of the company’s stock valued at $51,000 after purchasing an additional 478 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Dimensional National Municipal Bond ETF by 0.9% in the third quarter. Envestnet Asset Management Inc. now owns 36,673 shares of the company’s stock valued at $1,711,000 after purchasing an additional 310 shares during the last quarter.

Dimensional National Municipal Bond ETF Price Performance

Shares of NYSEARCA DFNM traded up $0.03 during midday trading on Friday, reaching $47.74. The company’s stock had a trading volume of 113,470 shares, compared to its average volume of 94,601. Dimensional National Municipal Bond ETF has a fifty-two week low of $46.10 and a fifty-two week high of $48.59. The stock has a 50 day simple moving average of $48.13 and a 200-day simple moving average of $47.77.

Dimensional National Municipal Bond ETF Company 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.