Glenview Trust co bought a new stake in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 106,938 shares of the company’s stock, valued at approximately $2,613,000. Glenview Trust co owned 1.27% of Franklin Dynamic Municipal Bond ETF at the end of the most recent quarter.
Several other large investors also recently modified their holdings of the business. Raymond James Financial Inc. acquired a new position in shares of Franklin Dynamic Municipal Bond ETF in the 4th quarter valued at approximately $11,733,000. Sanctuary Advisors LLC boosted its holdings in shares of Franklin Dynamic Municipal Bond ETF by 93.2% in the third quarter. Sanctuary Advisors LLC now owns 355,837 shares of the company’s stock valued at $8,835,000 after buying an additional 171,643 shares during the period. Independent Advisor Alliance acquired a new position in shares of Franklin Dynamic Municipal Bond ETF in the fourth quarter valued at approximately $3,624,000. HighTower Advisors LLC bought a new stake in shares of Franklin Dynamic Municipal Bond ETF during the third quarter worth $3,050,000. Finally, Ocean Park Asset Management LLC acquired a new stake in shares of Franklin Dynamic Municipal Bond ETF during the fourth quarter worth $2,891,000.
Franklin Dynamic Municipal Bond ETF Stock Down 0.1 %
Shares of NYSEARCA FLMI opened at $24.47 on Monday. The company has a fifty day moving average price of $24.57 and a 200 day moving average price of $24.69. Franklin Dynamic Municipal Bond ETF has a 1-year low of $24.06 and a 1-year high of $25.38.
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.
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