32,342 Shares in Franklin Dynamic Municipal Bond ETF $FLMI Acquired by Sigma Planning Corp

Sigma Planning Corp bought a new stake in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 32,342 shares of the company’s stock, valued at approximately $754,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cliftonlarsonallen Wealth Advisors LLC purchased a new stake in shares of Franklin Dynamic Municipal Bond ETF during the 3rd quarter valued at $127,184,000. Bank of America Corp DE grew its stake in Franklin Dynamic Municipal Bond ETF by 99.1% during the 1st quarter. Bank of America Corp DE now owns 2,703,252 shares of the company’s stock worth $67,014,000 after buying an additional 1,345,211 shares during the last quarter. Meeder Advisory Services Inc. increased its position in Franklin Dynamic Municipal Bond ETF by 25.0% during the 1st quarter. Meeder Advisory Services Inc. now owns 2,365,948 shares of the company’s stock valued at $58,652,000 after buying an additional 473,020 shares in the last quarter. Cetera Investment Advisers increased its position in Franklin Dynamic Municipal Bond ETF by 23.6% during the 1st quarter. Cetera Investment Advisers now owns 1,446,903 shares of the company’s stock valued at $35,869,000 after buying an additional 275,864 shares in the last quarter. Finally, Waverly Advisors LLC acquired a new position in Franklin Dynamic Municipal Bond ETF during the 2nd quarter valued at about $21,022,000.

Franklin Dynamic Municipal Bond ETF Trading Up 0.5%

Franklin Dynamic Municipal Bond ETF stock opened at $24.15 on Friday. The stock has a 50-day moving average of $23.83 and a two-hundred day moving average of $24.69. Franklin Dynamic Municipal Bond ETF has a one year low of $23.04 and a one year high of $25.46.

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.