55 North Private Wealth LLC Buys New Shares in Dimensional National Municipal Bond ETF $DFNM

55 North Private Wealth LLC bought a new stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 103,094 shares of the company’s stock, valued at approximately $4,966,000. Dimensional National Municipal Bond ETF comprises about 1.3% of 55 North Private Wealth LLC’s investment portfolio, making the stock its 15th biggest holding. 55 North Private Wealth LLC owned approximately 0.25% of Dimensional National Municipal Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in DFNM. MAI Capital Management acquired a new position in Dimensional National Municipal Bond ETF in the third quarter valued at $36,000. Geneos Wealth Management Inc. increased its stake in 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 during the last quarter. CWM LLC increased its stake in Dimensional National Municipal Bond ETF by 143.7% during the third quarter. CWM LLC now owns 2,052 shares of the company’s stock worth $98,000 after acquiring an additional 1,210 shares during the last quarter. Cary Street Partners Investment Advisory LLC increased its stake in Dimensional National Municipal Bond ETF by 32.1% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 2,775 shares of the company’s stock worth $133,000 after acquiring an additional 674 shares during the last quarter. Finally, Advisory Services Network LLC acquired a new stake in Dimensional National Municipal Bond ETF during the third quarter worth about $146,000.

Dimensional National Municipal Bond ETF Stock Performance

Shares of NYSEARCA:DFNM opened at $48.40 on Monday. Dimensional National Municipal Bond ETF has a 12 month low of $46.74 and a 12 month high of $48.87. The business has a 50-day moving average of $48.40 and a two-hundred day moving average of $48.31.

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.