GAMMA Investing LLC Increases Holdings in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI)

GAMMA Investing LLC grew its holdings in shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 43.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 40,227 shares of the company’s stock after buying an additional 12,227 shares during the period. GAMMA Investing LLC owned 0.48% of Franklin Dynamic Municipal Bond ETF worth $1,006,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wulff Hansen & CO. lifted its holdings in shares of Franklin Dynamic Municipal Bond ETF by 2,340.1% during the second quarter. Wulff Hansen & CO. now owns 1,004,991 shares of the company’s stock valued at $24,523,000 after purchasing an additional 963,804 shares in the last quarter. Central Bank & Trust Co. increased its holdings in Franklin Dynamic Municipal Bond ETF by 101.6% during the first quarter. Central Bank & Trust Co. now owns 599,424 shares of the company’s stock valued at $14,698,000 after buying an additional 302,019 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Franklin Dynamic Municipal Bond ETF during the 2nd quarter worth $4,450,000. Thrivent Financial for Lutherans purchased a new stake in shares of Franklin Dynamic Municipal Bond ETF in the 2nd quarter worth $2,758,000. Finally, Redhawk Wealth Advisors Inc. raised its holdings in Franklin Dynamic Municipal Bond ETF by 296.1% in the 2nd quarter. Redhawk Wealth Advisors Inc. now owns 58,992 shares of the company’s stock worth $1,439,000 after purchasing an additional 44,097 shares during the period.

Franklin Dynamic Municipal Bond ETF Trading Down 0.2 %

NYSEARCA FLMI opened at $24.82 on Tuesday. The business’s fifty day moving average is $24.80 and its 200 day moving average is $24.51. Franklin Dynamic Municipal Bond ETF has a fifty-two week low of $22.50 and a fifty-two week high of $25.50.

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.