Kane Co Wealth Management Inc. Takes Position in Dimensional National Municipal Bond ETF $DFNM

Kane Co Wealth Management Inc. purchased a new stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 27,790 shares of the company’s stock, valued at approximately $1,339,000. Dimensional National Municipal Bond ETF accounts for about 1.2% of Kane Co Wealth Management Inc.’s portfolio, making the stock its 22nd biggest holding. Kane Co Wealth Management Inc. owned about 0.07% of Dimensional National Municipal Bond ETF at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. MAI Capital Management bought a new stake in Dimensional National Municipal Bond ETF in the third quarter valued at about $36,000. Geneos Wealth Management Inc. increased its holdings in Dimensional National Municipal Bond ETF by 292.0% in 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 during the last quarter. CWM LLC increased 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 purchasing an additional 1,210 shares during the last quarter. Cary Street Partners Investment Advisory LLC increased 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 purchasing an additional 674 shares during the last quarter. Finally, Advisory Services Network LLC bought a new stake in Dimensional National Municipal Bond ETF in the third quarter valued at about $146,000.

Dimensional National Municipal Bond ETF Trading Down 0.0%

NYSEARCA DFNM opened at $48.01 on Monday. The stock has a 50-day simple moving average of $48.22 and a 200 day simple moving average of $48.32. Dimensional National Municipal Bond ETF has a 12 month low of $47.09 and a 12 month high of $48.87.

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.