Franklin Dynamic Municipal Bond ETF $FLMI Shares Sold by ShoreHaven Wealth Partners LLC

ShoreHaven Wealth Partners LLC reduced its position in shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 25.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 75,862 shares of the company’s stock after selling 25,866 shares during the quarter. ShoreHaven Wealth Partners LLC’s holdings in Franklin Dynamic Municipal Bond ETF were worth $1,769,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of FLMI. True Blue Financial LLC grew its stake in Franklin Dynamic Municipal Bond ETF by 90.9% during the 3rd quarter. True Blue Financial LLC now owns 29,177 shares of the company’s stock valued at $680,000 after acquiring an additional 13,894 shares in the last quarter. Summit Financial Consulting LLC raised its holdings in Franklin Dynamic Municipal Bond ETF by 5.6% in the 3rd quarter. Summit Financial Consulting LLC now owns 40,281 shares of the company’s stock valued at $939,000 after acquiring an additional 2,125 shares during the last quarter. AdvisorNet Financial Inc purchased a new position in Franklin Dynamic Municipal Bond ETF in the 3rd quarter worth approximately $3,058,000. Cliftonlarsonallen Wealth Advisors LLC purchased a new position in Franklin Dynamic Municipal Bond ETF in the 3rd quarter worth approximately $127,184,000. Finally, Triumph Capital Management acquired a new stake in shares of Franklin Dynamic Municipal Bond ETF in the 3rd quarter worth $82,000.

Franklin Dynamic Municipal Bond ETF Trading Up 0.0%

NYSEARCA FLMI opened at $23.62 on Friday. Franklin Dynamic Municipal Bond ETF has a 52 week low of $23.04 and a 52 week high of $25.46. The business’s fifty day simple moving average is $23.98 and its 200-day simple moving average is $24.60.

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.