Buck Wealth Strategies LLC Takes $838,000 Position in Franklin Dynamic Municipal Bond ETF $FLMI

Buck Wealth Strategies LLC bought a new stake in shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) during the 4th quarter, HoldingsChannel.com reports. The firm bought 33,712 shares of the company’s stock, valued at approximately $838,000.

Other large investors have also recently bought and sold shares of the company. Allworth Financial LP bought a new stake in shares of Franklin Dynamic Municipal Bond ETF during the 3rd quarter valued at $25,000. BOKF NA acquired a new stake in shares of Franklin Dynamic Municipal Bond ETF in the third quarter valued at approximately $44,000. Northwestern Mutual Wealth Management Co. bought a new position in Franklin Dynamic Municipal Bond ETF in the third quarter valued at approximately $62,000. Mpwm Advisory Solutions LLC bought a new stake in shares of Franklin Dynamic Municipal Bond ETF during the third quarter worth $63,000. Finally, NewEdge Advisors LLC bought a new stake in shares of Franklin Dynamic Municipal Bond ETF during the first quarter worth $100,000.

Franklin Dynamic Municipal Bond ETF Price Performance

NYSEARCA FLMI opened at $24.96 on Friday. Franklin Dynamic Municipal Bond ETF has a fifty-two week low of $23.93 and a fifty-two week high of $25.46. The firm’s fifty day moving average price is $24.98 and its two-hundred day moving average price is $24.98.

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.