Entrewealth LLC Has $5.86 Million Position in Dimensional National Municipal Bond ETF $DFNM

Entrewealth LLC reduced its position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 22.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 123,484 shares of the company’s stock after selling 35,629 shares during the quarter. Dimensional National Municipal Bond ETF comprises about 4.1% of Entrewealth LLC’s portfolio, making the stock its 7th largest position. Entrewealth LLC owned about 0.37% of Dimensional National Municipal Bond ETF worth $5,857,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LJI Wealth Management LLC boosted its position in shares of Dimensional National Municipal Bond ETF by 2.4% during the 2nd quarter. LJI Wealth Management LLC now owns 9,043 shares of the company’s stock worth $429,000 after acquiring an additional 212 shares in the last quarter. Truist Financial Corp lifted its stake in Dimensional National Municipal Bond ETF by 0.5% during the second quarter. Truist Financial Corp now owns 50,665 shares of the company’s stock worth $2,403,000 after purchasing an additional 227 shares during the last quarter. Meredith Wealth Planning boosted its holdings in shares of Dimensional National Municipal Bond ETF by 4.0% in the 1st quarter. Meredith Wealth Planning now owns 6,490 shares of the company’s stock valued at $309,000 after purchasing an additional 250 shares in the last quarter. Glass Jacobson Investment Advisors llc increased its stake in shares of Dimensional National Municipal Bond ETF by 3.5% in the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 8,840 shares of the company’s stock valued at $419,000 after purchasing an additional 299 shares during the last quarter. Finally, One Degree Advisors Inc raised its holdings in shares of Dimensional National Municipal Bond ETF by 1.9% during the 2nd quarter. One Degree Advisors Inc now owns 22,814 shares of the company’s stock worth $1,082,000 after buying an additional 419 shares in the last quarter.

Dimensional National Municipal Bond ETF Stock Performance

Shares of DFNM stock opened at $48.24 on Wednesday. The business has a fifty day simple moving average of $48.01 and a 200 day simple moving average of $47.56. Dimensional National Municipal Bond ETF has a twelve month low of $46.24 and a twelve month 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.