Jackson Thornton Wealth Management LLC Cuts Stock Position in Dimensional National Municipal Bond ETF $DFNM

Jackson Thornton Wealth Management LLC cut its stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 28.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 42,387 shares of the company’s stock after selling 17,044 shares during the quarter. Jackson Thornton Wealth Management LLC owned 0.10% of Dimensional National Municipal Bond ETF worth $2,046,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Geneos Wealth Management Inc. raised its position in 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 worth $58,000 after buying an additional 911 shares during the last quarter. Blueline Advisors LLC acquired a new position in shares of Dimensional National Municipal Bond ETF during the fourth quarter worth about $114,000. Advisory Services Network LLC purchased a new position in Dimensional National Municipal Bond ETF during the third quarter worth about $146,000. Operose Advisors LLC acquired a new stake in Dimensional National Municipal Bond ETF in the fourth quarter valued at about $155,000. Finally, Raymond James Financial Inc. acquired a new stake in Dimensional National Municipal Bond ETF in the second quarter valued at about $202,000.

Dimensional National Municipal Bond ETF Trading Down 0.1%

NYSEARCA DFNM opened at $48.28 on Wednesday. The business’s 50 day moving average is $48.23 and its two-hundred day moving average is $48.33. Dimensional National Municipal Bond ETF has a 12-month low of $47.15 and a 12-month high of $48.87.

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.