Dimensional National Municipal Bond ETF $DFNM is Entrewealth LLC’s 6th Largest Position

Entrewealth LLC boosted its stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 36.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 168,214 shares of the company’s stock after purchasing an additional 44,730 shares during the period. Dimensional National Municipal Bond ETF makes up about 4.2% of Entrewealth LLC’s investment portfolio, making the stock its 6th biggest holding. Entrewealth LLC owned approximately 0.45% of Dimensional National Municipal Bond ETF worth $8,071,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the stock. MAI Capital Management acquired a new position in shares of Dimensional National Municipal Bond ETF during the third quarter worth $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 buying an additional 911 shares in the last quarter. Nemes Rush Group LLC increased its stake in shares of Dimensional National Municipal Bond ETF by 40.4% in the second quarter. Nemes Rush Group LLC now owns 1,460 shares of the company’s stock worth $69,000 after buying an additional 420 shares during the last quarter. CWM LLC raised its holdings in Dimensional National Municipal Bond ETF by 143.7% in the third quarter. CWM LLC now owns 2,052 shares of the company’s stock valued at $98,000 after acquiring an additional 1,210 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC raised its holdings in Dimensional National Municipal Bond ETF by 32.1% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 2,775 shares of the company’s stock valued at $133,000 after acquiring an additional 674 shares in the last quarter.

Dimensional National Municipal Bond ETF Trading Down 0.0%

NYSEARCA DFNM opened at $48.54 on Friday. The company’s fifty day moving average price is $48.54 and its two-hundred day moving average price is $48.22. Dimensional National Municipal Bond ETF has a 12 month low of $46.24 and a 12 month high of $48.87.

Dimensional National Municipal Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 20th. Shareholders of record on Wednesday, February 18th were paid a dividend of $0.1025 per share. The ex-dividend date was Wednesday, February 18th. This is a positive change from Dimensional National Municipal Bond ETF’s previous monthly dividend of $0.04. This represents a c) annualized dividend and a yield of 2.5%.

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.