Thrivent Financial for Lutherans Takes Position in Franklin Municipal Green Bond ETF $FLMB

Thrivent Financial for Lutherans bought a new stake in Franklin Municipal Green Bond ETF (NYSEARCA:FLMB) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 129,939 shares of the company’s stock, valued at approximately $3,091,000.

Other institutional investors have also modified their holdings of the company. Flagship Harbor Advisors LLC acquired a new position in shares of Franklin Municipal Green Bond ETF in the 4th quarter valued at $79,000. Raymond James Financial Inc. acquired a new position in shares of Franklin Municipal Green Bond ETF in the 2nd quarter valued at $115,000. Allworth Financial LP acquired a new position in shares of Franklin Municipal Green Bond ETF in the 3rd quarter valued at $163,000. Values Added Financial LLC acquired a new position in shares of Franklin Municipal Green Bond ETF in the 3rd quarter valued at $201,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in Franklin Municipal Green Bond ETF in the 3rd quarter valued at $205,000.

Franklin Municipal Green Bond ETF Price Performance

Shares of FLMB opened at $23.65 on Friday. The company’s fifty day moving average is $23.78 and its two-hundred day moving average is $23.85. Franklin Municipal Green Bond ETF has a 1 year low of $22.60 and a 1 year high of $24.29.

Franklin Municipal Green Bond ETF Profile

The Franklin Municipal Green Bond ETF (FLMB) is an exchange-traded fund that is based on the Bloomberg Municipal Managed Money index. The fund is an actively managed fund that invests primarily in investment-grade municipal bonds, with a broad range in maturities, that intend to finance projects promoting environmental sustainability. FLMB was launched on Aug 31, 2017 and is managed by Franklin Templeton.