Franklin Dynamic Municipal Bond ETF $FLMI Stock Position Raised by Sequent Planning LLC

Sequent Planning LLC grew its position in shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 53.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 81,652 shares of the company’s stock after buying an additional 28,497 shares during the quarter. Sequent Planning LLC owned approximately 0.12% of Franklin Dynamic Municipal Bond ETF worth $2,031,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. NewEdge Advisors LLC bought a new position in Franklin Dynamic Municipal Bond ETF during the first quarter valued at approximately $100,000. Jane Street Group LLC lifted its stake in Franklin Dynamic Municipal Bond ETF by 37.2% in the first quarter. Jane Street Group LLC now owns 45,280 shares of the company’s stock valued at $1,107,000 after acquiring an additional 12,284 shares during the last quarter. Diversify Advisory Services LLC bought a new stake in Franklin Dynamic Municipal Bond ETF in the second quarter worth approximately $1,982,000. Raymond James Financial Inc. grew its position in Franklin Dynamic Municipal Bond ETF by 38.2% in the second quarter. Raymond James Financial Inc. now owns 826,544 shares of the company’s stock worth $20,052,000 after acquiring an additional 228,569 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its stake in shares of Franklin Dynamic Municipal Bond ETF by 41.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,060,685 shares of the company’s stock worth $25,683,000 after purchasing an additional 309,775 shares during the last quarter.

Franklin Dynamic Municipal Bond ETF Stock Performance

Franklin Dynamic Municipal Bond ETF stock opened at $24.74 on Monday. The firm’s fifty day simple moving average is $24.93 and its 200-day simple moving average is $24.98. Franklin Dynamic Municipal Bond ETF has a 1-year low of $23.93 and a 1-year high of $25.46.

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.