Dimensional National Municipal Bond ETF $DFNM Stake Boosted by Austin Wealth Management LLC

Austin Wealth Management LLC boosted its position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 19.1% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 450,340 shares of the company’s stock after acquiring an additional 72,077 shares during the quarter. Dimensional National Municipal Bond ETF accounts for 3.4% of Austin Wealth Management LLC’s portfolio, making the stock its 8th biggest holding. Austin Wealth Management LLC’s holdings in Dimensional National Municipal Bond ETF were worth $21,742,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Geneos Wealth Management Inc. grew its stake in shares of Dimensional National Municipal Bond ETF by 292.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,223 shares of the company’s stock valued at $58,000 after purchasing an additional 911 shares during the period. Nemes Rush Group LLC boosted its holdings in shares of Dimensional National Municipal Bond ETF by 40.4% in the second quarter. Nemes Rush Group LLC now owns 1,460 shares of the company’s stock worth $69,000 after buying an additional 420 shares during the last quarter. CWM LLC grew its position in Dimensional National Municipal Bond ETF by 143.7% during the third quarter. CWM LLC now owns 2,052 shares of the company’s stock valued at $98,000 after buying an additional 1,210 shares during the period. Smartleaf Asset Management LLC increased its holdings in Dimensional National Municipal Bond ETF by 3,236.8% during the third quarter. Smartleaf Asset Management LLC now owns 3,804 shares of the company’s stock valued at $182,000 after buying an additional 3,690 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in Dimensional National Municipal Bond ETF in the second quarter worth approximately $202,000.

Dimensional National Municipal Bond ETF Trading Down 0.1%

Shares of Dimensional National Municipal Bond ETF stock opened at $48.64 on Friday. Dimensional National Municipal Bond ETF has a 1-year low of $46.24 and a 1-year high of $48.68. The company’s fifty day simple moving average is $48.32 and its 200-day simple moving average is $48.03.

Dimensional National Municipal Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Wednesday, January 21st were given a dividend of $0.0419 per share. The ex-dividend date was Wednesday, January 21st. This represents a c) annualized dividend and a yield of 1.0%.

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.