Landmark Wealth Management LLC Sells 1,028 Shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI)

Landmark Wealth Management LLC lessened its holdings in shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 2.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,382 shares of the company’s stock after selling 1,028 shares during the quarter. Landmark Wealth Management LLC’s holdings in Franklin Dynamic Municipal Bond ETF were worth $1,060,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of FLMI. International Assets Investment Management LLC bought a new stake in shares of Franklin Dynamic Municipal Bond ETF during the second quarter worth about $204,000. CWM LLC raised its stake in shares of Franklin Dynamic Municipal Bond ETF by 592.5% in the third quarter. CWM LLC now owns 10,007 shares of the company’s stock worth $250,000 after purchasing an additional 8,562 shares during the last quarter. Avantax Advisory Services Inc. purchased a new stake in shares of Franklin Dynamic Municipal Bond ETF in the first quarter worth approximately $275,000. TrueWealth Advisors LLC lifted its holdings in shares of Franklin Dynamic Municipal Bond ETF by 48.3% in the second quarter. TrueWealth Advisors LLC now owns 12,719 shares of the company’s stock valued at $310,000 after purchasing an additional 4,143 shares in the last quarter. Finally, Cetera Advisors LLC purchased a new position in shares of Franklin Dynamic Municipal Bond ETF during the first quarter valued at approximately $408,000.

Franklin Dynamic Municipal Bond ETF Price Performance

NYSEARCA FLMI opened at $24.70 on Tuesday. The business has a fifty day simple moving average of $24.83 and a 200 day simple moving average of $24.58. Franklin Dynamic Municipal Bond ETF has a 12 month low of $22.83 and a 12 month high of $25.50.

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.