LJI Wealth Management LLC Makes New Investment in Dimensional National Municipal Bond ETF $DFNM

LJI Wealth Management LLC purchased a new position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 10,600 shares of the company’s stock, valued at approximately $511,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DFNM. Symmetry Partners LLC acquired a new stake in Dimensional National Municipal Bond ETF during the 4th quarter worth about $63,911,000. Focus Partners Wealth lifted its position in Dimensional National Municipal Bond ETF by 22.9% during the 3rd quarter. Focus Partners Wealth now owns 2,569,749 shares of the company’s stock worth $123,294,000 after acquiring an additional 479,262 shares during the period. Truepoint Inc. lifted its stake in Dimensional National Municipal Bond ETF by 8.4% during the 3rd quarter. Truepoint Inc. now owns 2,859,809 shares of the company’s stock valued at $137,214,000 after acquiring an additional 221,963 shares during the period. AWM Capital LLC lifted its stake in Dimensional National Municipal Bond ETF by 38.4% during the 3rd quarter. AWM Capital LLC now owns 653,511 shares of the company’s stock valued at $31,355,000 after acquiring an additional 181,214 shares during the period. Finally, Guardian Wealth Management LLC purchased a new stake in shares of Dimensional National Municipal Bond ETF in the 4th quarter valued at $7,148,000.

Dimensional National Municipal Bond ETF Trading Down 0.0%

NYSEARCA:DFNM opened at $48.26 on Friday. Dimensional National Municipal Bond ETF has a 1-year low of $47.09 and a 1-year high of $48.87. The company’s fifty day moving average price is $48.29 and its 200-day moving average price is $48.33.

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.