Acorn Wealth Advisors LLC Makes New Investment in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Acorn Wealth Advisors LLC bought a new stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 6,545 shares of the company’s stock, valued at approximately $318,000.

Several other large investors have also recently made changes to their positions in DFNM. Aptus Capital Advisors LLC purchased a new position in Dimensional National Municipal Bond ETF in the second quarter valued at $29,000. First Horizon Advisors Inc. acquired a new position in Dimensional National Municipal Bond ETF in the 3rd quarter worth about $45,000. City State Bank purchased a new position in Dimensional National Municipal Bond ETF during the second quarter worth approximately $50,000. SJS Investment Consulting Inc. grew its holdings in Dimensional National Municipal Bond ETF by 245.4% in the second quarter. SJS Investment Consulting Inc. now owns 1,568 shares of the company’s stock valued at $75,000 after purchasing an additional 1,114 shares during the period. Finally, Dopkins Wealth Management LLC purchased a new stake in shares of Dimensional National Municipal Bond ETF in the third quarter valued at approximately $200,000.

Dimensional National Municipal Bond ETF Trading Up 0.1 %

Shares of NYSEARCA:DFNM traded up $0.07 during midday trading on Monday, reaching $48.16. 1,069 shares of the company’s stock traded hands, compared to its average volume of 85,789. The company has a fifty day simple moving average of $48.21 and a two-hundred day simple moving average of $48.08. Dimensional National Municipal Bond ETF has a 1 year low of $47.40 and a 1 year high of $48.67.

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.