Cwm LLC lifted its holdings in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI – Free Report) by 592.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,007 shares of the company’s stock after purchasing an additional 8,562 shares during the quarter. Cwm LLC owned 0.12% of Franklin Dynamic Municipal Bond ETF worth $250,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of FLMI. GAMMA Investing LLC bought a new stake in Franklin Dynamic Municipal Bond ETF in the first quarter worth $56,000. International Assets Investment Management LLC bought a new stake in Franklin Dynamic Municipal Bond ETF in the second quarter worth $204,000. RFG Advisory LLC bought a new stake in Franklin Dynamic Municipal Bond ETF in the first quarter worth $260,000. Avantax Advisory Services Inc. bought a new stake in Franklin Dynamic Municipal Bond ETF in the first quarter worth $275,000. Finally, TrueWealth Advisors LLC lifted its position in Franklin Dynamic Municipal Bond ETF by 48.3% in the second quarter. TrueWealth Advisors LLC now owns 12,719 shares of the company’s stock worth $310,000 after buying an additional 4,143 shares during the last quarter.
Franklin Dynamic Municipal Bond ETF Stock Performance
Shares of FLMI opened at $24.79 on Wednesday. The business has a fifty day moving average of $24.84 and a 200 day moving average of $24.55. Franklin Dynamic Municipal Bond ETF has a 52-week low of $22.52 and a 52-week high of $25.50.
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.
Further Reading
- Five stocks we like better than Franklin Dynamic Municipal Bond ETF
- Best Stocks Under $10.00
- How Verizon Could Offer Stress-Free Double-Digit Returns in 2025
- Using the MarketBeat Stock Split Calculator
- Can Roche Challenge Lilly and Novo in the Weight Loss Market?
- Want to Profit on the Downtrend? Downtrends, Explained.
- Roblox Stock: Key Metrics Surge, Is This the Perfect Entry?
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.