GEM Asset Management LLC Has $3.52 Million Stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

GEM Asset Management LLC boosted its stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 0.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 73,723 shares of the company’s stock after buying an additional 590 shares during the quarter. Dimensional National Municipal Bond ETF comprises approximately 2.0% of GEM Asset Management LLC’s investment portfolio, making the stock its 15th largest holding. GEM Asset Management LLC’s holdings in Dimensional National Municipal Bond ETF were worth $3,522,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Pure Financial Advisors LLC raised its position in shares of Dimensional National Municipal Bond ETF by 1.1% during the third quarter. Pure Financial Advisors LLC now owns 19,337 shares of the company’s stock worth $939,000 after acquiring an additional 219 shares during the last quarter. Great Valley Advisor Group Inc. raised its holdings in Dimensional National Municipal Bond ETF by 0.8% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 31,311 shares of the company’s stock worth $1,520,000 after purchasing an additional 241 shares during the last quarter. Landmark Wealth Management LLC lifted its position in shares of Dimensional National Municipal Bond ETF by 0.5% in the 3rd quarter. Landmark Wealth Management LLC now owns 46,324 shares of the company’s stock worth $2,249,000 after purchasing an additional 253 shares during the period. LJI Wealth Management LLC boosted its stake in shares of Dimensional National Municipal Bond ETF by 3.4% in the 4th quarter. LJI Wealth Management LLC now owns 9,131 shares of the company’s stock valued at $436,000 after purchasing an additional 300 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC increased its position in shares of Dimensional National Municipal Bond ETF by 2.6% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 11,942 shares of the company’s stock worth $570,000 after buying an additional 301 shares during the period.

Dimensional National Municipal Bond ETF Price Performance

Shares of NYSEARCA DFNM opened at $48.04 on Wednesday. Dimensional National Municipal Bond ETF has a twelve month low of $47.40 and a twelve month high of $48.67. The firm has a fifty day simple moving average of $47.91 and a 200 day simple moving average of $48.13.

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.