Thrivent Financial for Lutherans Takes Position in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI)

Thrivent Financial for Lutherans acquired a new stake in shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 113,012 shares of the company’s stock, valued at approximately $2,758,000. Thrivent Financial for Lutherans owned approximately 1.34% of Franklin Dynamic Municipal Bond ETF at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in FLMI. Wulff Hansen & CO. lifted its stake in Franklin Dynamic Municipal Bond ETF by 2,340.1% during the second quarter. Wulff Hansen & CO. now owns 1,004,991 shares of the company’s stock valued at $24,523,000 after purchasing an additional 963,804 shares during the last quarter. Central Bank & Trust Co. boosted its stake in shares of Franklin Dynamic Municipal Bond ETF by 11.1% during the 2nd quarter. Central Bank & Trust Co. now owns 665,950 shares of the company’s stock worth $16,249,000 after acquiring an additional 66,526 shares in the last quarter. Patriot Financial Group Insurance Agency LLC boosted its stake in shares of Franklin Dynamic Municipal Bond ETF by 0.4% during the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 150,768 shares of the company’s stock worth $3,679,000 after acquiring an additional 616 shares in the last quarter. ShoreHaven Wealth Partners LLC raised its position in shares of Franklin Dynamic Municipal Bond ETF by 4.2% during the second quarter. ShoreHaven Wealth Partners LLC now owns 146,018 shares of the company’s stock worth $3,563,000 after purchasing an additional 5,865 shares during the period. Finally, American Financial & Tax Strategies Inc. raised its position in shares of Franklin Dynamic Municipal Bond ETF by 2.5% during the second quarter. American Financial & Tax Strategies Inc. now owns 138,403 shares of the company’s stock worth $3,377,000 after purchasing an additional 3,328 shares during the period.

Franklin Dynamic Municipal Bond ETF Trading Down 0.0 %

Shares of FLMI opened at $25.01 on Tuesday. Franklin Dynamic Municipal Bond ETF has a one year low of $22.50 and a one year high of $25.50. The company has a 50-day moving average of $24.76 and a two-hundred day moving average of $24.49.

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.