Pioneer Wealth Management Group Makes New Investment in Dimensional National Municipal Bond ETF $DFNM

Pioneer Wealth Management Group acquired a new stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 22,599 shares of the company’s stock, valued at approximately $1,092,000.

Other hedge funds also recently bought and sold shares of the company. Geneos Wealth Management Inc. raised its stake 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 acquiring an additional 911 shares in the last quarter. Blueline Advisors LLC purchased a new stake in shares of Dimensional National Municipal Bond ETF in the 4th quarter valued at $114,000. Advisory Services Network LLC bought a new position in shares of Dimensional National Municipal Bond ETF during the 3rd quarter valued at $146,000. Operose Advisors LLC purchased a new position in Dimensional National Municipal Bond ETF in the 4th quarter worth $155,000. Finally, Raymond James Financial Inc. bought a new stake in Dimensional National Municipal Bond ETF in the second quarter worth $202,000.

Dimensional National Municipal Bond ETF Price Performance

Dimensional National Municipal Bond ETF stock opened at $47.80 on Thursday. The firm has a fifty day simple moving average of $48.14 and a two-hundred day simple moving average of $48.28. Dimensional National Municipal Bond ETF has a twelve month low of $47.27 and a twelve month high of $48.87.

About Dimensional National Municipal Bond ETF

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.