Dimensional National Municipal Bond ETF $DFNM is Johnson Wealth Management LLC’s 10th Largest Position

Johnson Wealth Management LLC boosted its holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 24.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 115,379 shares of the company’s stock after purchasing an additional 22,810 shares during the quarter. Dimensional National Municipal Bond ETF comprises approximately 2.7% of Johnson Wealth Management LLC’s portfolio, making the stock its 10th biggest position. Johnson Wealth Management LLC owned approximately 0.27% of Dimensional National Municipal Bond ETF worth $5,530,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in DFNM. Focus Partners Wealth grew its position in shares of Dimensional National Municipal Bond ETF by 42.5% in the 4th quarter. Focus Partners Wealth now owns 3,662,918 shares of the company’s stock valued at $176,443,000 after buying an additional 1,093,169 shares during the last quarter. Truepoint Inc. boosted its stake in Dimensional National Municipal Bond ETF by 4.0% in the fourth quarter. Truepoint Inc. now owns 2,974,080 shares of the company’s stock valued at $143,261,000 after acquiring an additional 114,271 shares in the last quarter. Symmetry Partners LLC acquired a new position in Dimensional National Municipal Bond ETF in the fourth quarter valued at $63,911,000. Apella Capital LLC grew its holdings in shares of Dimensional National Municipal Bond ETF by 93.6% during the first quarter. Apella Capital LLC now owns 1,320,176 shares of the company’s stock worth $63,897,000 after purchasing an additional 638,280 shares during the last quarter. Finally, GeoWealth Management LLC grew its holdings in shares of Dimensional National Municipal Bond ETF by 2.1% during the fourth quarter. GeoWealth Management LLC now owns 882,985 shares of the company’s stock worth $42,533,000 after purchasing an additional 18,481 shares during the last quarter.

Dimensional National Municipal Bond ETF Stock Performance

DFNM opened at $48.33 on Wednesday. Dimensional National Municipal Bond ETF has a one year low of $47.15 and a one year high of $48.87. The business’s 50-day simple moving average is $48.22 and its 200-day simple moving average is $48.32.

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.