Cogent Private Wealth Inc. Invests $887,000 in Dimensional National Municipal Bond ETF $DFNM

Cogent Private Wealth Inc. acquired a new position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) in the fourth quarter, Holdings Channel.com reports. The firm acquired 18,408 shares of the company’s stock, valued at approximately $887,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Allworth Financial LP boosted its holdings in shares of Dimensional National Municipal Bond ETF by 32.2% in the 3rd quarter. Allworth Financial LP now owns 81,219 shares of the company’s stock worth $3,897,000 after purchasing an additional 19,795 shares in the last quarter. 25 LLC boosted its holdings in shares of Dimensional National Municipal Bond ETF by 214.7% in the 4th quarter. 25 LLC now owns 202,601 shares of the company’s stock worth $9,759,000 after purchasing an additional 138,229 shares in the last quarter. Aspiriant LLC boosted its holdings in Dimensional National Municipal Bond ETF by 9.0% during the 4th quarter. Aspiriant LLC now owns 400,076 shares of the company’s stock valued at $19,272,000 after acquiring an additional 33,027 shares during the period. Vested Financial Planning LLC boosted its holdings in Dimensional National Municipal Bond ETF by 5.6% during the 4th quarter. Vested Financial Planning LLC now owns 204,324 shares of the company’s stock valued at $9,842,000 after acquiring an additional 10,800 shares during the period. Finally, Warburton Capital Management LLC boosted its holdings in Dimensional National Municipal Bond ETF by 89.3% during the 4th quarter. Warburton Capital Management LLC now owns 43,055 shares of the company’s stock valued at $2,073,000 after acquiring an additional 20,314 shares during the period.

Dimensional National Municipal Bond ETF Stock Performance

Shares of DFNM stock opened at $48.25 on Tuesday. Dimensional National Municipal Bond ETF has a 1-year low of $47.14 and a 1-year high of $48.87. The business has a 50-day moving average of $48.13 and a 200 day moving average of $48.31.

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.