Parkworth Wealth Management Inc. Acquires New Position in Dimensional National Municipal Bond ETF (NYSEARCA:DFNM)

Parkworth Wealth Management Inc. acquired a new stake in shares of Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) in the fourth quarter, HoldingsChannel reports. The fund acquired 13,656 shares of the company’s stock, valued at approximately $652,000.

Other institutional investors have also modified their holdings of the company. Principal Securities Inc. bought a new stake in shares of Dimensional National Municipal Bond ETF during the 4th quarter valued at about $40,000. First Horizon Advisors Inc. bought a new stake in shares of Dimensional National Municipal Bond ETF during the 3rd quarter valued at about $45,000. MilWealth Group LLC acquired a new stake in shares of Dimensional National Municipal Bond ETF in the fourth quarter valued at approximately $96,000. Dopkins Wealth Management LLC acquired a new stake in shares of Dimensional National Municipal Bond ETF in the third quarter valued at approximately $200,000. Finally, JDH Wealth Management LLC acquired a new stake in shares of Dimensional National Municipal Bond ETF in the fourth quarter valued at approximately $207,000.

Dimensional National Municipal Bond ETF Stock Performance

Shares of NYSEARCA:DFNM opened at $47.97 on Wednesday. The firm’s 50 day moving average is $47.93 and its two-hundred day moving average is $48.10. Dimensional National Municipal Bond ETF has a 52 week low of $47.40 and a 52 week high of $48.67.

About Dimensional National Municipal Bond ETF

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.