GAMMA Investing LLC Acquires 23,174 Shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI)

GAMMA Investing LLC grew its holdings in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 57.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 63,401 shares of the company’s stock after acquiring an additional 23,174 shares during the quarter. GAMMA Investing LLC owned 0.75% of Franklin Dynamic Municipal Bond ETF worth $1,549,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Redhawk Wealth Advisors Inc. increased its stake in Franklin Dynamic Municipal Bond ETF by 2.1% during the third quarter. Redhawk Wealth Advisors Inc. now owns 60,206 shares of the company’s stock valued at $1,506,000 after acquiring an additional 1,214 shares during the period. Cedar Point Capital Partners LLC increased its position in shares of Franklin Dynamic Municipal Bond ETF by 3.6% during the third quarter. Cedar Point Capital Partners LLC now owns 36,427 shares of the company’s stock valued at $911,000 after purchasing an additional 1,251 shares during the period. Leeward Financial Partners LLC raised its stake in shares of Franklin Dynamic Municipal Bond ETF by 2.8% in the third quarter. Leeward Financial Partners LLC now owns 60,936 shares of the company’s stock valued at $1,524,000 after purchasing an additional 1,687 shares in the last quarter. Collaborative Wealth Managment Inc. boosted its stake in Franklin Dynamic Municipal Bond ETF by 7.9% during the second quarter. Collaborative Wealth Managment Inc. now owns 23,769 shares of the company’s stock worth $580,000 after buying an additional 1,734 shares in the last quarter. Finally, Atria Investments Inc increased its holdings 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.

Franklin Dynamic Municipal Bond ETF Stock Up 0.0 %

NYSEARCA:FLMI opened at $24.48 on Friday. The company has a 50-day moving average of $24.68 and a 200-day moving average of $24.70. Franklin Dynamic Municipal Bond ETF has a 52 week low of $24.06 and a 52 week high of $25.50.

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.