Sanctuary Advisors LLC Has $9.32 Million Holdings in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI)

Sanctuary Advisors LLC grew its position in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 6.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 379,599 shares of the company’s stock after purchasing an additional 23,762 shares during the period. Sanctuary Advisors LLC’s holdings in Franklin Dynamic Municipal Bond ETF were worth $9,323,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. ShoreHaven Wealth Partners LLC increased its position in Franklin Dynamic Municipal Bond ETF by 3.0% in the 4th quarter. ShoreHaven Wealth Partners LLC now owns 152,487 shares of the company’s stock worth $3,726,000 after purchasing an additional 4,473 shares during the last quarter. Gladstone Institutional Advisory LLC increased its position in Franklin Dynamic Municipal Bond ETF by 30.1% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 22,191 shares of the company’s stock worth $542,000 after purchasing an additional 5,129 shares during the last quarter. Latitude Advisors LLC acquired a new position in Franklin Dynamic Municipal Bond ETF in the 4th quarter worth about $210,000. Essex Financial Services Inc. increased its position in Franklin Dynamic Municipal Bond ETF by 1.8% in the 4th quarter. Essex Financial Services Inc. now owns 25,928 shares of the company’s stock worth $634,000 after purchasing an additional 466 shares during the last quarter. Finally, Ocean Park Asset Management LLC acquired a new position in Franklin Dynamic Municipal Bond ETF in the 4th quarter worth about $2,891,000.

Franklin Dynamic Municipal Bond ETF Trading Up 0.0 %

FLMI opened at $24.58 on Wednesday. The stock has a 50-day moving average of $24.53 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 $25.38.

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.