Dimensional National Municipal Bond ETF $DFNM Shares Sold by MBL Wealth LLC

MBL Wealth LLC lowered its stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 3.9% in the second quarter, Holdings Channel reports. The institutional investor owned 667,113 shares of the company’s stock after selling 26,798 shares during the period. Dimensional National Municipal Bond ETF accounts for approximately 3.0% of MBL Wealth LLC’s holdings, making the stock its 8th biggest position. MBL Wealth LLC’s holdings in Dimensional National Municipal Bond ETF were worth $31,641,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in DFNM. Patriot Financial Group Insurance Agency LLC raised its position in shares of Dimensional National Municipal Bond ETF by 4.2% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 41,372 shares of the company’s stock valued at $1,968,000 after buying an additional 1,662 shares during the last quarter. Farther Finance Advisors LLC raised its position in shares of Dimensional National Municipal Bond ETF by 28.1% during the first quarter. Farther Finance Advisors LLC now owns 2,072 shares of the company’s stock valued at $99,000 after buying an additional 455 shares during the last quarter. Wealthcare Advisory Partners LLC acquired a new position in Dimensional National Municipal Bond ETF in the first quarter worth about $683,000. Vestment Financial LLC raised its position in Dimensional National Municipal Bond ETF by 10.6% in the first quarter. Vestment Financial LLC now owns 204,585 shares of the company’s stock worth $9,755,000 after purchasing an additional 19,622 shares in the last quarter. Finally, David Wealth Management LLC raised its position in Dimensional National Municipal Bond ETF by 4.0% in the first quarter. David Wealth Management LLC now owns 173,079 shares of the company’s stock worth $8,233,000 after purchasing an additional 6,590 shares in the last quarter.

Dimensional National Municipal Bond ETF Price Performance

NYSEARCA:DFNM opened at $48.03 on Friday. Dimensional National Municipal Bond ETF has a 12-month low of $46.24 and a 12-month high of $48.52. The firm has a 50-day moving average price of $47.65 and a 200 day moving average price of $47.42.

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.