Gladstone Institutional Advisory LLC Has $542,000 Holdings in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI)

Gladstone Institutional Advisory LLC raised its stake in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 30.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 22,191 shares of the company’s stock after buying an additional 5,129 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in Franklin Dynamic Municipal Bond ETF were worth $542,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Essex Financial Services Inc. increased its stake in Franklin Dynamic Municipal Bond ETF by 1.8% in the 4th quarter. Essex Financial Services Inc. now owns 25,928 shares of the company’s stock valued at $634,000 after buying an additional 466 shares during the period. Cedar Point Capital Partners LLC increased its stake in Franklin Dynamic Municipal Bond ETF by 3.6% in the 3rd quarter. Cedar Point Capital Partners LLC now owns 36,427 shares of the company’s stock valued at $911,000 after buying an additional 1,251 shares during the period. Leeward Financial Partners LLC increased its stake in Franklin Dynamic Municipal Bond ETF by 2.8% in the 3rd quarter. Leeward Financial Partners LLC now owns 60,936 shares of the company’s stock valued at $1,524,000 after buying an additional 1,687 shares during the period. Atria Investments Inc increased its stake in Franklin Dynamic Municipal Bond ETF by 13.2% in the 3rd quarter. Atria Investments Inc now owns 16,911 shares of the company’s stock valued at $423,000 after buying an additional 1,974 shares during the period. Finally, ShoreHaven Wealth Partners LLC increased its stake in Franklin Dynamic Municipal Bond ETF by 1.4% in the 3rd quarter. ShoreHaven Wealth Partners LLC now owns 148,014 shares of the company’s stock valued at $3,702,000 after buying an additional 1,996 shares during the period.

Franklin Dynamic Municipal Bond ETF Trading Up 0.0 %

Franklin Dynamic Municipal Bond ETF stock opened at $24.57 on Friday. The firm’s 50 day moving average price is $24.54 and its two-hundred day moving average price is $24.70. Franklin Dynamic Municipal Bond ETF has a twelve month low of $24.06 and a twelve month high of $25.38.

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.