Sequent Planning LLC lifted its stake in shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI – Free Report) by 44.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 117,826 shares of the company’s stock after purchasing an additional 36,174 shares during the period. Sequent Planning LLC’s holdings in Franklin Dynamic Municipal Bond ETF were worth $2,921,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of the stock. Allworth Financial LP purchased a new position in Franklin Dynamic Municipal Bond ETF in the third quarter valued at approximately $25,000. Rockefeller Capital Management L.P. purchased a new stake in Franklin Dynamic Municipal Bond ETF in the fourth quarter worth $42,000. BOKF NA purchased a new stake in Franklin Dynamic Municipal Bond ETF in the third quarter worth $44,000. Greenline Wealth Management LLC purchased a new stake in Franklin Dynamic Municipal Bond ETF in the fourth quarter worth $52,000. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in shares of Franklin Dynamic Municipal Bond ETF in the third quarter valued at $62,000.
Franklin Dynamic Municipal Bond ETF Stock Up 0.0%
Shares of NYSEARCA FLMI opened at $25.13 on Friday. Franklin Dynamic Municipal Bond ETF has a one year low of $23.94 and a one year high of $25.46. The business’s fifty day moving average price is $24.98 and its 200-day moving average price is $24.99.
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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