Secure Asset Management LLC Grows Stock Holdings in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI)

Secure Asset Management LLC lifted its position in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMIFree Report) by 11.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 32,593 shares of the company’s stock after buying an additional 3,227 shares during the period. Secure Asset Management LLC owned approximately 0.39% of Franklin Dynamic Municipal Bond ETF worth $796,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of FLMI. Thrivent Financial for Lutherans acquired a new position in shares of Franklin Dynamic Municipal Bond ETF during the second quarter worth $2,758,000. Truist Financial Corp grew its stake in Franklin Dynamic Municipal Bond ETF by 66.4% during the 2nd quarter. Truist Financial Corp now owns 23,137 shares of the company’s stock worth $565,000 after buying an additional 9,236 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in Franklin Dynamic Municipal Bond ETF during the 2nd quarter valued at about $4,450,000. Massmutual Trust Co. FSB ADV purchased a new stake in Franklin Dynamic Municipal Bond ETF in the third quarter valued at about $784,000. Finally, GAMMA Investing LLC boosted its holdings in Franklin Dynamic Municipal Bond ETF by 43.7% in the third quarter. GAMMA Investing LLC now owns 40,227 shares of the company’s stock worth $1,006,000 after acquiring an additional 12,227 shares in the last quarter.

Franklin Dynamic Municipal Bond ETF Stock Performance

Shares of FLMI stock opened at $24.48 on Friday. Franklin Dynamic Municipal Bond ETF has a fifty-two week low of $24.06 and a fifty-two week high of $25.38. The stock’s 50-day simple moving average is $24.62 and its 200-day simple moving average is $24.69.

About Franklin Dynamic Municipal Bond ETF

(Free Report)

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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Institutional Ownership by Quarter for Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI)

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