Core Wealth Management Inc. Purchases 4,049 Shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Core Wealth Management Inc. lifted its position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 4.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 89,948 shares of the company’s stock after acquiring an additional 4,049 shares during the period. Dimensional National Municipal Bond ETF makes up about 1.7% of Core Wealth Management Inc.’s portfolio, making the stock its 7th largest position. Core Wealth Management Inc.’s holdings in Dimensional National Municipal Bond ETF were worth $4,297,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. First Horizon Advisors Inc. bought a new position in Dimensional National Municipal Bond ETF in the 3rd quarter valued at about $45,000. Dopkins Wealth Management LLC bought a new stake in shares of Dimensional National Municipal Bond ETF in the third quarter worth $200,000. JDH Wealth Management LLC acquired a new position in shares of Dimensional National Municipal Bond ETF in the 4th quarter worth approximately $207,000. B.O.S.S. Retirement Advisors LLC bought a new stake in Dimensional National Municipal Bond ETF during the third quarter valued at $219,000. Finally, Farther Finance Advisors LLC bought a new stake in shares of Dimensional National Municipal Bond ETF during the 3rd quarter valued at about $240,000.

Dimensional National Municipal Bond ETF Price Performance

Shares of NYSEARCA DFNM opened at $47.93 on Friday. The company’s fifty day simple moving average is $47.95 and its 200 day simple moving average is $48.13. Dimensional National Municipal Bond ETF has a 12-month low of $47.40 and a 12-month high of $48.67.

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.