Wheelhouse Advisory Group LLC Boosts Stake in Dimensional National Municipal Bond ETF $DFNM

Wheelhouse Advisory Group LLC increased its stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 22.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 276,943 shares of the company’s stock after purchasing an additional 50,119 shares during the quarter. Dimensional National Municipal Bond ETF makes up approximately 4.4% of Wheelhouse Advisory Group LLC’s investment portfolio, making the stock its 11th biggest position. Wheelhouse Advisory Group LLC owned approximately 0.64% of Dimensional National Municipal Bond ETF worth $13,274,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of DFNM. MAI Capital Management bought a new position in shares of Dimensional National Municipal Bond ETF in the third quarter worth about $36,000. Geneos Wealth Management Inc. grew its position 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 purchasing an additional 911 shares in the last quarter. Blueline Advisors LLC bought a new stake in Dimensional National Municipal Bond ETF during the 4th quarter valued at approximately $114,000. Advisory Services Network LLC bought a new stake in Dimensional National Municipal Bond ETF during the 3rd quarter valued at approximately $146,000. Finally, Operose Advisors LLC purchased a new position in Dimensional National Municipal Bond ETF in the 4th quarter worth approximately $155,000.

Dimensional National Municipal Bond ETF Stock Performance

DFNM stock opened at $48.33 on Wednesday. Dimensional National Municipal Bond ETF has a 1-year low of $47.15 and a 1-year high of $48.87. The business has a 50 day simple moving average of $48.22 and a two-hundred day simple moving average of $48.32.

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.