Concord Asset Management LLC VA Makes New $1.32 Million Investment in Dimensional National Municipal Bond ETF $DFNM

Concord Asset Management LLC VA acquired a new position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 27,861 shares of the company’s stock, valued at approximately $1,321,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Nemes Rush Group LLC raised its holdings in shares of Dimensional National Municipal Bond ETF by 239.9% during the first quarter. Nemes Rush Group LLC now owns 1,040 shares of the company’s stock worth $49,000 after acquiring an additional 734 shares during the period. Geneos Wealth Management Inc. raised its holdings in shares of Dimensional National Municipal Bond ETF by 292.0% during the first quarter. Geneos Wealth Management Inc. now owns 1,223 shares of the company’s stock worth $58,000 after acquiring an additional 911 shares during the period. Farther Finance Advisors LLC raised its holdings 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 worth $99,000 after acquiring an additional 455 shares during the period. Stage Harbor Financial LLC acquired a new stake in shares of Dimensional National Municipal Bond ETF during the first quarter worth $219,000. Finally, Summit Wealth Group LLC acquired a new stake in shares of Dimensional National Municipal Bond ETF during the first quarter worth $241,000.

Dimensional National Municipal Bond ETF Stock Performance

Shares of NYSEARCA:DFNM opened at $48.13 on Monday. Dimensional National Municipal Bond ETF has a 12 month low of $46.24 and a 12 month high of $48.49. The company’s fifty day simple moving average is $47.73 and its 200 day simple moving average is $47.44.

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.