D.A. Davidson & CO. bought a new stake in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI – Free Report) in the fourth quarter, Holdings Channel reports. The institutional investor bought 8,479 shares of the company’s stock, valued at approximately $207,000.
Several other institutional investors and hedge funds have also modified their holdings of the business. Latitude Advisors LLC bought a new position in Franklin Dynamic Municipal Bond ETF in the fourth quarter valued at about $210,000. Sigma Planning Corp acquired a new position in Franklin Dynamic Municipal Bond ETF during the 3rd quarter valued at about $238,000. International Assets Investment Management LLC bought a new position in shares of Franklin Dynamic Municipal Bond ETF in the 4th quarter valued at about $349,000. TrueWealth Advisors LLC grew its position in shares of Franklin Dynamic Municipal Bond ETF by 24.9% during the 3rd quarter. TrueWealth Advisors LLC now owns 15,891 shares of the company’s stock worth $397,000 after buying an additional 3,172 shares during the period. Finally, Atria Investments Inc raised its stake in shares of Franklin Dynamic Municipal Bond ETF by 13.2% during the third quarter. Atria Investments Inc now owns 16,911 shares of the company’s stock worth $423,000 after buying an additional 1,974 shares during the last quarter.
Franklin Dynamic Municipal Bond ETF Trading Down 0.3 %
Shares of Franklin Dynamic Municipal Bond ETF stock opened at $24.79 on Friday. Franklin Dynamic Municipal Bond ETF has a 52 week low of $24.06 and a 52 week high of $25.38. The firm has a fifty day moving average of $24.52 and a two-hundred day moving average of $24.70.
Franklin Dynamic Municipal Bond ETF Company Profile
The Franklin Dynamic Municipal Bond ETF (FLMI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in municipal bonds of any credit quality. The portfolio manager seeks dollar-weighted average maturity of three to ten years. FLMI was launched on Aug 31, 2017 and is managed by Franklin Templeton.
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Want to see what other hedge funds are holding FLMI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI – Free Report).
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