Sequent Planning LLC Buys 36,174 Shares of Franklin Dynamic Municipal Bond ETF $FLMI

Sequent Planning LLC raised its stake in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 44.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 117,826 shares of the company’s stock after purchasing an additional 36,174 shares during the quarter. Sequent Planning LLC owned 0.15% of Franklin Dynamic Municipal Bond ETF worth $2,921,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. LPL Financial LLC grew its holdings in Franklin Dynamic Municipal Bond ETF by 27.4% during the fourth quarter. LPL Financial LLC now owns 4,806,634 shares of the company’s stock worth $119,541,000 after buying an additional 1,034,603 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC lifted its stake in Franklin Dynamic Municipal Bond ETF by 4.1% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,366,025 shares of the company’s stock valued at $58,843,000 after acquiring an additional 93,813 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in Franklin Dynamic Municipal Bond ETF by 93.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,048,279 shares of the company’s stock valued at $50,767,000 after acquiring an additional 987,594 shares in the last quarter. Meeder Advisory Services Inc. boosted its holdings in Franklin Dynamic Municipal Bond ETF by 9.0% during the 4th quarter. Meeder Advisory Services Inc. now owns 1,892,928 shares of the company’s stock worth $47,077,000 after acquiring an additional 155,902 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in Franklin Dynamic Municipal Bond ETF by 75.8% during the 4th quarter. Wells Fargo & Company MN now owns 1,530,968 shares of the company’s stock worth $38,075,000 after acquiring an additional 660,284 shares during the last quarter.

Franklin Dynamic Municipal Bond ETF Trading Up 0.0%

NYSEARCA FLMI opened at $25.13 on Friday. Franklin Dynamic Municipal Bond ETF has a 1 year low of $23.94 and a 1 year high of $25.46. The company has a fifty day moving average price of $24.98 and a 200-day moving average price of $24.99.

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.