Franklin Resources Inc. lessened its position in Franklin Dynamic Municipal Bond ETF ( NYSEARCA:FLMI – Free Report ) by 95.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission.
The firm owned 18,581 shares of the company’s stock after selling 400,056 shares during the quarter. Franklin Resources Inc. owned approximately 0.
22% of Franklin Dynamic Municipal Bond ETF worth $454,000 as of its most recent filing with the Securities & Exchange Commission. Several other hedge funds also recently made changes to their positions in the company. LPL Financial LLC increased its stake in shares of Franklin Dynamic Municipal Bond ETF by 143.
8% during the fourth quarter. LPL Financial LLC now owns 2,591,203 shares of the company’s stock valued at $63,316,000 after purchasing an additional 1,528,430 shares in the last quarter. Raymond James Financial Inc.
bought a new position in Franklin Dynamic Municipal Bond ETF during the 4th quarter valued at approximately $11,733,000. Sanctuary Advisors LLC raised its stake in Franklin Dynamic Municipal Bond ETF by 6.7% during the fourth quarter.
Sanctuary Advisors LLC now owns 379,599 shares of the company’s stock valued at $9,323,000 after buying an additional 23,762 shares during the last quarter. Kestra Private Wealth Services LLC boosted its holdings in Franklin Dynamic Municipal Bond ETF by 12.1% in the fourth quarter.
Kestra Private Wealth Services LLC now owns 284,843 shares of the company’s stock worth $6,960,000 after acquiring an additional 30,718 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of Franklin Dynamic Municipal Bond ETF by 3.
0% in the fourth quarter. JPMorgan Chase & Co. now owns 235,496 shares of the company’s stock worth $5,754,000 after acquiring an additional 6,862 shares during the last quarter.
Franklin Dynamic Municipal Bond ETF Stock Performance Shares of NYSEARCA:FLMI opened at $23.89 on Friday. The business has a fifty day moving average price of $24.
42 and a 200-day moving average price of $24.58. Franklin Dynamic Municipal Bond ETF has a 1-year low of $23.
05 and a 1-year high of $25.38. 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.
Featured Stories Five stocks we like better than Franklin Dynamic Municipal Bond ETF What Does Downgrade Mean in Investing? Tariff Exemptions Set the Stage for a Taiwan Semiconductor Rally Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time Mitigating Tariffs: 3 Stocks to Gain From a Weaker U.S. Dollar How to Calculate Return on Investment (ROI) Broadcom’s Apple Relationship: AI Opportunity Meets Tariff Risk Want to see what other hedge funds are holding FLMI? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Franklin Dynamic Municipal Bond ETF ( NYSEARCA:FLMI – Free Report ). Receive News & Ratings for Franklin Dynamic Municipal Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin Dynamic Municipal Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter .
.
Business
Franklin Resources Inc. Trims Stake in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI)

Franklin Resources Inc. lessened its position in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI – Free Report) by 95.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 18,581 shares of the company’s stock after selling 400,056 shares during the quarter. Franklin Resources [...]