Core Wealth Management Inc. Reduces Holdings in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Core Wealth Management Inc. reduced its stake in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) by 15.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,136 shares of the company’s stock after selling 14,261 shares during the period. Dimensional National Municipal Bond ETF accounts for 1.8% of Core Wealth Management Inc.’s holdings, making the stock its 7th biggest holding. Core Wealth Management Inc.’s holdings in Dimensional National Municipal Bond ETF were worth $3,693,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Phillips Financial Management LLC grew its stake in Dimensional National Municipal Bond ETF by 13.0% in the 4th quarter. Phillips Financial Management LLC now owns 57,773 shares of the company’s stock worth $2,803,000 after acquiring an additional 6,642 shares in the last quarter. Compass Financial Group Inc. grew its stake in Dimensional National Municipal Bond ETF by 2.2% in the 3rd quarter. Compass Financial Group Inc. now owns 171,421 shares of the company’s stock worth $7,966,000 after acquiring an additional 3,643 shares in the last quarter. Apella Capital LLC boosted its stake in shares of Dimensional National Municipal Bond ETF by 38.9% during the fourth quarter. Apella Capital LLC now owns 259,002 shares of the company’s stock valued at $12,551,000 after purchasing an additional 72,503 shares in the last quarter. Safeguard Investment Advisory Group LLC boosted its stake in shares of Dimensional National Municipal Bond ETF by 9.2% during the fourth quarter. Safeguard Investment Advisory Group LLC now owns 19,320 shares of the company’s stock valued at $937,000 after purchasing an additional 1,633 shares in the last quarter. Finally, White Wing Wealth Management bought a new position in shares of Dimensional National Municipal Bond ETF during the fourth quarter valued at approximately $840,000.

Dimensional National Municipal Bond ETF Price Performance

Shares of NYSEARCA DFNM traded down $0.01 during midday trading on Friday, reaching $47.65. 95,202 shares of the company’s stock traded hands, compared to its average volume of 94,541. The stock’s 50 day simple moving average is $48.05 and its 200-day simple moving average is $47.83. Dimensional National Municipal Bond ETF has a one year low of $46.10 and a one year high of $48.59.

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.