Core Wealth Management Inc. Has $6.63 Million Position in Dimensional National Municipal Bond ETF $DFNM

Core Wealth Management Inc. boosted its position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 25.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 138,159 shares of the company’s stock after buying an additional 28,010 shares during the quarter. Dimensional National Municipal Bond ETF makes up approximately 2.1% of Core Wealth Management Inc.’s portfolio, making the stock its 6th biggest position. Core Wealth Management Inc. owned about 0.39% of Dimensional National Municipal Bond ETF worth $6,629,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Geneos Wealth Management Inc. lifted its holdings in shares of Dimensional National Municipal Bond ETF by 292.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,223 shares of the company’s stock worth $58,000 after acquiring an additional 911 shares during the last quarter. Nemes Rush Group LLC raised its position in Dimensional National Municipal Bond ETF by 40.4% in the 2nd quarter. Nemes Rush Group LLC now owns 1,460 shares of the company’s stock worth $69,000 after purchasing an additional 420 shares during the period. CWM LLC raised its position in Dimensional National Municipal Bond ETF by 143.7% in the 3rd quarter. CWM LLC now owns 2,052 shares of the company’s stock worth $98,000 after purchasing an additional 1,210 shares during the period. Raymond James Financial Inc. bought a new stake in Dimensional National Municipal Bond ETF in the second quarter worth $202,000. Finally, Level Financial Advisors purchased a new stake in Dimensional National Municipal Bond ETF during the second quarter valued at about $274,000.

Dimensional National Municipal Bond ETF Price Performance

Shares of NYSEARCA:DFNM opened at $48.38 on Friday. The stock’s 50-day moving average price is $48.20 and its 200-day moving average price is $47.86. Dimensional National Municipal Bond ETF has a 12-month low of $46.24 and a 12-month high of $48.39.

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.