MB Generational Wealth LLC Purchases 16,127 Shares of Dimensional National Municipal Bond ETF $DFNM

MB Generational Wealth LLC lifted its holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 39.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 56,793 shares of the company’s stock after purchasing an additional 16,127 shares during the quarter. Dimensional National Municipal Bond ETF accounts for approximately 1.5% of MB Generational Wealth LLC’s investment portfolio, making the stock its 15th largest position. MB Generational Wealth LLC owned 0.13% of Dimensional National Municipal Bond ETF worth $2,722,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of DFNM. Geneos Wealth Management Inc. raised 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 valued at $58,000 after purchasing an additional 911 shares in the last quarter. Blueline Advisors LLC purchased a new position in shares of Dimensional National Municipal Bond ETF in the 4th quarter worth $114,000. Advisory Services Network LLC bought a new stake in shares of Dimensional National Municipal Bond ETF in the 3rd quarter worth about $146,000. Operose Advisors LLC bought a new stake in shares of Dimensional National Municipal Bond ETF in the 4th quarter worth about $155,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Dimensional National Municipal Bond ETF during the 2nd quarter valued at about $202,000.

Dimensional National Municipal Bond ETF Stock Up 0.0%

Shares of NYSEARCA:DFNM opened at $48.22 on Wednesday. Dimensional National Municipal Bond ETF has a 12 month low of $47.15 and a 12 month high of $48.87. The company has a 50-day moving average price of $48.22 and a 200 day moving average price of $48.33.

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.