JDH Wealth Management LLC Cuts Stake in Dimensional National Municipal Bond ETF $DFNM

JDH Wealth Management LLC reduced its stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 48.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,511 shares of the company’s stock after selling 7,012 shares during the quarter. JDH Wealth Management LLC’s holdings in Dimensional National Municipal Bond ETF were worth $356,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in DFNM. Mather Group LLC. grew its holdings in Dimensional National Municipal Bond ETF by 7.8% during the 1st quarter. Mather Group LLC. now owns 50,109 shares of the company’s stock valued at $2,384,000 after buying an additional 3,647 shares in the last quarter. Quarry Hill Advisors LLC increased its position in Dimensional National Municipal Bond ETF by 16.9% in the first quarter. Quarry Hill Advisors LLC now owns 36,156 shares of the company’s stock worth $1,720,000 after purchasing an additional 5,221 shares during the last quarter. BCO Wealth Management LLC increased its position in Dimensional National Municipal Bond ETF by 15.0% in the first quarter. BCO Wealth Management LLC now owns 67,705 shares of the company’s stock worth $3,221,000 after purchasing an additional 8,806 shares during the last quarter. ArborFi Advisors LLC increased its position in Dimensional National Municipal Bond ETF by 31.9% in the first quarter. ArborFi Advisors LLC now owns 9,028 shares of the company’s stock worth $429,000 after purchasing an additional 2,181 shares during the last quarter. Finally, Physician Wealth Advisors Inc. increased its position in Dimensional National Municipal Bond ETF by 89.8% in the first quarter. Physician Wealth Advisors Inc. now owns 8,444 shares of the company’s stock worth $402,000 after purchasing an additional 3,995 shares during the last quarter.

Dimensional National Municipal Bond ETF Stock Performance

Shares of DFNM opened at $48.24 on Wednesday. The company’s fifty day moving average is $47.92 and its 200 day moving average is $47.51. Dimensional National Municipal Bond ETF has a fifty-two week low of $46.24 and a fifty-two week high of $48.49.

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.