Retirement Planning Group LLC bought a new stake in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI – Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 223,994 shares of the company’s stock, valued at approximately $5,224,000. Retirement Planning Group LLC owned 0.23% of Franklin Dynamic Municipal Bond ETF as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Rockefeller Capital Management L.P. acquired a new position in Franklin Dynamic Municipal Bond ETF during the fourth quarter worth approximately $42,000. Legacy Wealth Managment LLC ID raised its stake in Franklin Dynamic Municipal Bond ETF by 704.8% during the first quarter. Legacy Wealth Managment LLC ID now owns 2,849 shares of the company’s stock worth $71,000 after purchasing an additional 2,495 shares during the period. Triumph Capital Management acquired a new position in shares of Franklin Dynamic Municipal Bond ETF in the 3rd quarter valued at $82,000. Richards Merrill & Peterson Inc. acquired a new position in shares of Franklin Dynamic Municipal Bond ETF in the 3rd quarter valued at $117,000. Finally, Arkadios Wealth Advisors acquired a new position in shares of Franklin Dynamic Municipal Bond ETF in the 1st quarter valued at $211,000.
Franklin Dynamic Municipal Bond ETF Price Performance
Shares of NYSEARCA FLMI opened at $23.62 on Tuesday. Franklin Dynamic Municipal Bond ETF has a 52-week low of $23.04 and a 52-week high of $25.46. The firm has a fifty day moving average of $23.96 and a 200-day moving average of $24.59.
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.
See Also
- Five stocks we like better than Franklin Dynamic Municipal Bond ETF
- Tesla’s Roadster Reveal Hints at 2 Much Bigger Moves
- The AI Sell-Off Continues—These 3 Stocks Keep Raising Guidance Anyway
- Mr. Wonderful’s Test for AI Data Center Stocks: Power, Permits, and Tenants
- Alcoa Beat Earnings, But Can It Escape the Aluminum Bears?
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).
Receive News & Ratings for Franklin Dynamic Municipal Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin Dynamic Municipal Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
