Atria Investments Inc Sells 514 Shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI)

Atria Investments Inc trimmed its holdings in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 3.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,397 shares of the company’s stock after selling 514 shares during the quarter. Atria Investments Inc owned about 0.19% of Franklin Dynamic Municipal Bond ETF worth $401,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. JPMorgan Chase & Co. increased its position in Franklin Dynamic Municipal Bond ETF by 9.0% in the third quarter. JPMorgan Chase & Co. now owns 228,634 shares of the company’s stock worth $5,718,000 after purchasing an additional 18,867 shares during the period. Stifel Financial Corp grew its position in shares of Franklin Dynamic Municipal Bond ETF by 119.1% in the 3rd quarter. Stifel Financial Corp now owns 24,434 shares of the company’s stock valued at $611,000 after purchasing an additional 13,281 shares during the period. D.A. Davidson & CO. acquired a new position in shares of Franklin Dynamic Municipal Bond ETF in the 4th quarter valued at approximately $207,000. Atria Wealth Solutions Inc. acquired a new position in shares of Franklin Dynamic Municipal Bond ETF in the 4th quarter valued at approximately $244,000. Finally, Truist Financial Corp grew its position in shares of Franklin Dynamic Municipal Bond ETF by 20.2% in the 4th quarter. Truist Financial Corp now owns 28,603 shares of the company’s stock valued at $699,000 after purchasing an additional 4,803 shares during the period.

Franklin Dynamic Municipal Bond ETF Trading Down 0.1 %

Shares of FLMI opened at $24.47 on Monday. The stock has a 50 day simple moving average of $24.57 and a 200 day simple moving average of $24.69. Franklin Dynamic Municipal Bond ETF has a 52-week low of $24.06 and a 52-week high of $25.38.

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.