Entrewealth LLC Takes Position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Entrewealth LLC acquired a new position in shares of 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 acquired 140,593 shares of the company’s stock, valued at approximately $6,830,000. Dimensional National Municipal Bond ETF accounts for 6.4% of Entrewealth LLC’s holdings, making the stock its 4th biggest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its holdings in shares of Dimensional National Municipal Bond ETF by 5,195.7% in the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 3,943,633 shares of the company’s stock valued at $188,387,000 after buying an additional 3,869,164 shares during the period. Strathmore Capital Advisors Inc. bought a new position in Dimensional National Municipal Bond ETF during the 4th quarter worth about $17,561,000. Yardley Wealth Management LLC acquired a new stake in shares of Dimensional National Municipal Bond ETF in the 3rd quarter valued at about $12,247,000. Life Planning Partners Inc acquired a new stake in shares of Dimensional National Municipal Bond ETF in the 4th quarter valued at about $11,866,000. Finally, Vested Financial Planning LLC bought a new stake in shares of Dimensional National Municipal Bond ETF in the fourth quarter valued at about $8,924,000.

Dimensional National Municipal Bond ETF Trading Down 0.0 %

NYSEARCA:DFNM opened at $47.79 on Tuesday. The stock has a 50-day simple moving average of $47.93 and a 200 day simple moving average of $48.09. Dimensional National Municipal Bond ETF has a 52-week low of $47.40 and a 52-week high of $48.67.

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.