12,271 Shares in Dimensional National Municipal Bond ETF $DFNM Acquired by MB Generational Wealth LLC

MB Generational Wealth LLC bought a new stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 12,271 shares of the company’s stock, valued at approximately $589,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Royal Bank of Canada grew its holdings in shares of Dimensional National Municipal Bond ETF by 6.5% in the first quarter. Royal Bank of Canada now owns 30,965 shares of the company’s stock worth $1,473,000 after acquiring an additional 1,889 shares during the period. NewEdge Advisors LLC lifted its holdings in Dimensional National Municipal Bond ETF by 160.9% in the first quarter. NewEdge Advisors LLC now owns 26,937 shares of the company’s stock valued at $1,281,000 after acquiring an additional 16,613 shares during the period. Jane Street Group LLC boosted its position in Dimensional National Municipal Bond ETF by 32.5% in the first quarter. Jane Street Group LLC now owns 44,323 shares of the company’s stock worth $2,108,000 after purchasing an additional 10,866 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in Dimensional National Municipal Bond ETF by 292.0% in the first quarter. Geneos Wealth Management Inc. now owns 1,223 shares of the company’s stock worth $58,000 after purchasing an additional 911 shares during the last quarter. Finally, IFP Advisors Inc grew its stake in shares of Dimensional National Municipal Bond ETF by 1,214.1% during the 2nd quarter. IFP Advisors Inc now owns 10,631 shares of the company’s stock valued at $504,000 after purchasing an additional 9,822 shares during the period.

Dimensional National Municipal Bond ETF Stock Down 0.1%

NYSEARCA DFNM opened at $48.64 on Monday. The company has a 50-day moving average price of $48.32 and a 200-day moving average price of $48.04. Dimensional National Municipal Bond ETF has a 52 week low of $46.24 and a 52 week high of $48.68.

Dimensional National Municipal Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Wednesday, January 21st were issued a dividend of $0.0419 per share. This represents a c) dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Wednesday, January 21st.

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.