Collaborative Wealth Managment Inc. boosted its stake in shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI – Free Report) by 10.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 30,225 shares of the company’s stock after acquiring an additional 2,829 shares during the quarter. Collaborative Wealth Managment Inc. owned approximately 0.36% of Franklin Dynamic Municipal Bond ETF worth $739,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in FLMI. EverSource Wealth Advisors LLC bought a new stake in Franklin Dynamic Municipal Bond ETF during the 4th quarter worth about $192,000. D.A. Davidson & CO. bought a new position in shares of Franklin Dynamic Municipal Bond ETF in the 4th quarter valued at about $207,000. Latitude Advisors LLC bought a new position in shares of Franklin Dynamic Municipal Bond ETF in the 4th quarter valued at about $210,000. Sigma Planning Corp bought a new position in shares of Franklin Dynamic Municipal Bond ETF in the 3rd quarter valued at about $238,000. Finally, Acorn Wealth Advisors LLC bought a new position in shares of Franklin Dynamic Municipal Bond ETF in the 4th quarter valued at about $240,000.
Franklin Dynamic Municipal Bond ETF Stock Down 0.1 %
Shares of NYSEARCA FLMI opened at $24.47 on Friday. Franklin Dynamic Municipal Bond ETF has a 1 year low of $24.06 and a 1 year high of $25.38. The firm’s 50-day moving average is $24.57 and its 200-day moving average is $24.69.
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.
Recommended Stories
- Five stocks we like better than Franklin Dynamic Municipal Bond ETF
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- ETF Screener: Uses and Step-by-Step Guide
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- Dividend Payout Ratio Calculator
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
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.
