Diversify Wealth Management LLC Takes Position in Franklin Dynamic Municipal Bond ETF $FLMI

Diversify Wealth Management LLC acquired a new stake in shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 37,184 shares of the company’s stock, valued at approximately $928,000.

Other large investors have also modified their holdings of the company. Allworth Financial LP acquired a new stake in Franklin Dynamic Municipal Bond ETF during the third quarter worth $25,000. Rockefeller Capital Management L.P. bought a new stake in Franklin Dynamic Municipal Bond ETF in the 4th quarter valued at $42,000. BOKF NA acquired a new position in shares of Franklin Dynamic Municipal Bond ETF in the 3rd quarter valued at $44,000. Greenline Wealth Management LLC acquired a new position in shares of Franklin Dynamic Municipal Bond ETF in the 4th quarter valued at $52,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in shares of Franklin Dynamic Municipal Bond ETF in the 3rd quarter valued at $62,000.

Franklin Dynamic Municipal Bond ETF Stock Down 0.2%

NYSEARCA:FLMI opened at $24.93 on Friday. The company has a 50-day moving average of $24.99 and a 200-day moving average of $25.02. Franklin Dynamic Municipal Bond ETF has a 52 week low of $23.94 and a 52 week high of $25.46.

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.