Atria Wealth Solutions Inc. bought a new position in shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI – Free Report) in the fourth quarter, Holdings Channel.com reports. The fund bought 9,990 shares of the company’s stock, valued at approximately $244,000.
Other large investors have also added to or reduced their stakes in the company. D.A. Davidson & CO. acquired a new stake in Franklin Dynamic Municipal Bond ETF during the fourth quarter worth approximately $207,000. Latitude Advisors LLC bought a new stake in Franklin Dynamic Municipal Bond ETF during the fourth quarter worth $210,000. Sigma Planning Corp purchased a new stake in Franklin Dynamic Municipal Bond ETF in the third quarter worth $238,000. International Assets Investment Management LLC purchased a new stake in Franklin Dynamic Municipal Bond ETF in the fourth quarter worth $349,000. Finally, TrueWealth Advisors LLC grew its position in shares of Franklin Dynamic Municipal Bond ETF by 24.9% in the third quarter. TrueWealth Advisors LLC now owns 15,891 shares of the company’s stock valued at $397,000 after purchasing an additional 3,172 shares in the last quarter.
Franklin Dynamic Municipal Bond ETF Trading Up 0.2 %
Shares of NYSEARCA FLMI opened at $24.84 on Friday. Franklin Dynamic Municipal Bond ETF has a fifty-two week low of $24.06 and a fifty-two week high of $25.38. The stock has a fifty day moving average of $24.53 and a 200-day moving average of $24.70.
Franklin Dynamic Municipal Bond ETF 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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