BWM Planning LLC Sells 1,792 Shares of Dimensional National Municipal Bond ETF $DFNM

BWM Planning LLC trimmed its holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 26.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,061 shares of the company’s stock after selling 1,792 shares during the quarter. BWM Planning LLC’s holdings in Dimensional National Municipal Bond ETF were worth $240,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of DFNM. Envestnet Asset Management Inc. boosted its holdings in Dimensional National Municipal Bond ETF by 0.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 117,388 shares of the company’s stock valued at $5,584,000 after purchasing an additional 953 shares during the period. HB Wealth Management LLC acquired a new position in shares of Dimensional National Municipal Bond ETF during the first quarter valued at about $1,094,000. Anson Capital Inc. acquired a new position in shares of Dimensional National Municipal Bond ETF during the first quarter valued at about $273,000. LPL Financial LLC lifted its stake in shares of Dimensional National Municipal Bond ETF by 10.3% in the first quarter. LPL Financial LLC now owns 301,351 shares of the company’s stock valued at $14,335,000 after buying an additional 28,017 shares during the period. Finally, Nemes Rush Group LLC grew its position in Dimensional National Municipal Bond ETF by 239.9% during the first quarter. Nemes Rush Group LLC now owns 1,040 shares of the company’s stock worth $49,000 after buying an additional 734 shares in the last quarter.

Dimensional National Municipal Bond ETF Stock Performance

Shares of DFNM opened at $48.13 on Thursday. The stock’s 50-day moving average price is $48.15 and its 200 day moving average price is $47.64. Dimensional National Municipal Bond ETF has a 12-month low of $46.24 and a 12-month high of $48.49.

Dimensional National Municipal Bond ETF Company 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.