BCO Wealth Management LLC Grows Stock Position in Dimensional National Municipal Bond ETF $DFNM

BCO Wealth Management LLC raised its position in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 20.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 102,715 shares of the company’s stock after purchasing an additional 17,682 shares during the period. Dimensional National Municipal Bond ETF makes up approximately 3.0% of BCO Wealth Management LLC’s holdings, making the stock its 8th largest holding. BCO Wealth Management LLC’s holdings in Dimensional National Municipal Bond ETF were worth $4,948,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Royal Bank of Canada raised its holdings in shares of Dimensional National Municipal Bond ETF by 6.5% during the 1st quarter. Royal Bank of Canada now owns 30,965 shares of the company’s stock valued at $1,473,000 after buying an additional 1,889 shares in the last quarter. NewEdge Advisors LLC boosted its stake in Dimensional National Municipal Bond ETF by 160.9% in the first quarter. NewEdge Advisors LLC now owns 26,937 shares of the company’s stock worth $1,281,000 after buying an additional 16,613 shares in the last quarter. Jane Street Group LLC grew its position in Dimensional National Municipal Bond ETF by 32.5% during the first quarter. Jane Street Group LLC now owns 44,323 shares of the company’s stock valued at $2,108,000 after acquiring an additional 10,866 shares during the last quarter. Geneos Wealth Management Inc. grew its position in Dimensional National Municipal Bond ETF by 292.0% during the first quarter. Geneos Wealth Management Inc. now owns 1,223 shares of the company’s stock valued at $58,000 after acquiring an additional 911 shares during the last quarter. Finally, Cetera Investment Advisers purchased a new position in shares of Dimensional National Municipal Bond ETF during the second quarter worth approximately $383,000.

Dimensional National Municipal Bond ETF Stock Performance

Shares of DFNM opened at $47.82 on Monday. Dimensional National Municipal Bond ETF has a fifty-two week low of $46.24 and a fifty-two week high of $48.87. The firm has a 50 day moving average price of $48.50 and a 200-day moving average price of $48.30.

Dimensional National Municipal Bond ETF 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.