Retirement Planning Group LLC Has $1.92 Million Stake in Franklin Dynamic Municipal Bond ETF $FLMI

Retirement Planning Group LLC grew its holdings in shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 316.9% in the 2nd quarter, Holdings Channel reports. The fund owned 79,144 shares of the company’s stock after buying an additional 60,160 shares during the period. Retirement Planning Group LLC’s holdings in Franklin Dynamic Municipal Bond ETF were worth $1,920,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. D.A. Davidson & CO. grew its holdings in shares of Franklin Dynamic Municipal Bond ETF by 27.9% during the second quarter. D.A. Davidson & CO. now owns 18,354 shares of the company’s stock worth $445,000 after purchasing an additional 4,000 shares during the last quarter. Cullen Frost Bankers Inc. grew its holdings in shares of Franklin Dynamic Municipal Bond ETF by 16.4% during the second quarter. Cullen Frost Bankers Inc. now owns 15,403 shares of the company’s stock worth $374,000 after purchasing an additional 2,167 shares during the last quarter. Members Advisory Group LLC grew its holdings in shares of Franklin Dynamic Municipal Bond ETF by 33.0% during the second quarter. Members Advisory Group LLC now owns 11,352 shares of the company’s stock worth $275,000 after purchasing an additional 2,814 shares during the last quarter. AssuredPartners Investment Advisors LLC bought a new stake in shares of Franklin Dynamic Municipal Bond ETF during the second quarter worth about $372,000. Finally, Stratos Wealth Advisors LLC grew its holdings in shares of Franklin Dynamic Municipal Bond ETF by 4.8% during the second quarter. Stratos Wealth Advisors LLC now owns 83,324 shares of the company’s stock worth $2,021,000 after purchasing an additional 3,779 shares during the last quarter.

Franklin Dynamic Municipal Bond ETF Stock Performance

NYSEARCA:FLMI opened at $24.96 on Wednesday. The stock’s 50-day moving average is $24.53 and its 200-day moving average is $24.23. 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 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.