Landmark Wealth Management LLC lessened its stake in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI – Free Report) by 2.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 41,151 shares of the company’s stock after selling 1,231 shares during the quarter. Landmark Wealth Management LLC’s holdings in Franklin Dynamic Municipal Bond ETF were worth $1,006,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans purchased a new position in shares of Franklin Dynamic Municipal Bond ETF during the second quarter valued at $2,758,000. Truist Financial Corp grew its holdings in Franklin Dynamic Municipal Bond ETF by 66.4% during the 2nd quarter. Truist Financial Corp now owns 23,137 shares of the company’s stock worth $565,000 after acquiring an additional 9,236 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Franklin Dynamic Municipal Bond ETF in the 2nd quarter valued at about $4,450,000. Massmutual Trust Co. FSB ADV purchased a new stake in shares of Franklin Dynamic Municipal Bond ETF in the 3rd quarter worth approximately $784,000. Finally, GAMMA Investing LLC boosted its stake in shares of Franklin Dynamic Municipal Bond ETF by 43.7% during the third quarter. GAMMA Investing LLC now owns 40,227 shares of the company’s stock valued at $1,006,000 after purchasing an additional 12,227 shares in the last quarter.
Franklin Dynamic Municipal Bond ETF Trading Up 0.5 %
Franklin Dynamic Municipal Bond ETF stock opened at $24.60 on Tuesday. Franklin Dynamic Municipal Bond ETF has a one year low of $24.06 and a one year high of $25.38. The stock has a 50-day moving average of $24.62 and a two-hundred day moving average of $24.70.
About Franklin Dynamic Municipal Bond ETF
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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