Sigma Planning Corp Purchases New Shares in Franklin Dynamic Municipal Bond ETF $FLMI

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

Other hedge funds have also recently bought and sold shares of the company. Baird Financial Group Inc. lifted its position in shares of Franklin Dynamic Municipal Bond ETF by 8.1% during the second quarter. Baird Financial Group Inc. now owns 11,895 shares of the company’s stock worth $299,000 after purchasing an additional 895 shares in the last quarter. International Assets Investment Management LLC increased its stake in Franklin Dynamic Municipal Bond ETF by 6.2% during the 1st quarter. International Assets Investment Management LLC now owns 15,400 shares of the company’s stock worth $381,000 after buying an additional 900 shares during the period. Winebrenner Capital Management LLC increased its stake in Franklin Dynamic Municipal Bond ETF by 8.6% during the 3rd quarter. Winebrenner Capital Management LLC now owns 13,032 shares of the company’s stock worth $304,000 after buying an additional 1,032 shares during the period. Rockefeller Capital Management L.P. acquired a new stake in Franklin Dynamic Municipal Bond ETF during the 4th quarter worth approximately $42,000. Finally, Good Harbor Advisors Inc. lifted its holdings in Franklin Dynamic Municipal Bond ETF by 8.1% during the 1st quarter. Good Harbor Advisors Inc. now owns 26,650 shares of the company’s stock worth $661,000 after buying an additional 2,000 shares in the last quarter.

Franklin Dynamic Municipal Bond ETF Trading Up 0.5%

Shares of NYSEARCA FLMI opened at $24.15 on Friday. Franklin Dynamic Municipal Bond ETF has a 12-month low of $23.04 and a 12-month high of $25.46. The business’s fifty day simple moving average is $23.83 and its 200-day simple moving average is $24.69.

Franklin Dynamic Municipal Bond ETF Company 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.