Dimensional National Municipal Bond ETF $DFNM is Johnson Wealth Management LLC’s 10th Largest Position

Johnson Wealth Management LLC increased its holdings in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 24.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 115,379 shares of the company’s stock after purchasing an additional 22,810 shares during the period. Dimensional National Municipal Bond ETF accounts for 2.7% of Johnson Wealth Management LLC’s investment portfolio, making the stock its 10th largest holding. Johnson Wealth Management LLC’s holdings in Dimensional National Municipal Bond ETF were worth $5,530,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Royal Bank of Canada boosted its stake in shares of Dimensional National Municipal Bond ETF by 6.5% during the first quarter. Royal Bank of Canada now owns 30,965 shares of the company’s stock worth $1,473,000 after buying an additional 1,889 shares during the period. NewEdge Advisors LLC raised its stake in Dimensional National Municipal Bond ETF by 160.9% during the 1st 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 last quarter. Jane Street Group LLC raised its stake in Dimensional National Municipal Bond ETF by 32.5% during the 1st quarter. Jane Street Group LLC now owns 44,323 shares of the company’s stock valued at $2,108,000 after acquiring an additional 10,866 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in Dimensional National Municipal Bond ETF by 292.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,223 shares of the company’s stock worth $58,000 after acquiring an additional 911 shares during the period. Finally, Cetera Investment Advisers acquired a new stake in Dimensional National Municipal Bond ETF during the 2nd quarter worth approximately $383,000.

Dimensional National Municipal Bond ETF Stock Performance

Shares of DFNM stock opened at $48.33 on Wednesday. The business’s 50 day moving average is $48.22 and its two-hundred day moving average is $48.32. Dimensional National Municipal Bond ETF has a twelve month low of $47.15 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.