Landmark Wealth Management LLC Has $1.06 Million Holdings in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI)

Landmark Wealth Management LLC decreased its position in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 2.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 42,382 shares of the company’s stock after selling 1,028 shares during the period. Landmark Wealth Management LLC owned approximately 0.50% of Franklin Dynamic Municipal Bond ETF worth $1,060,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of FLMI. Patriot Financial Group Insurance Agency LLC grew its stake in Franklin Dynamic Municipal Bond ETF by 0.4% during the second quarter. Patriot Financial Group Insurance Agency LLC now owns 150,768 shares of the company’s stock worth $3,679,000 after purchasing an additional 616 shares during the period. SFG Wealth Management LLC. grew its position in shares of Franklin Dynamic Municipal Bond ETF by 3.8% during the 2nd quarter. SFG Wealth Management LLC. now owns 29,434 shares of the company’s stock worth $718,000 after buying an additional 1,083 shares during the period. Redhawk Wealth Advisors Inc. grew its position in shares of Franklin Dynamic Municipal Bond ETF by 2.1% during the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 60,206 shares of the company’s stock worth $1,506,000 after buying an additional 1,214 shares during the period. Cedar Point Capital Partners LLC lifted its position in shares of Franklin Dynamic Municipal Bond ETF by 3.6% during the 3rd quarter. Cedar Point Capital Partners LLC now owns 36,427 shares of the company’s stock valued at $911,000 after acquiring an additional 1,251 shares during the period. Finally, Leeward Financial Partners LLC lifted its position in shares of Franklin Dynamic Municipal Bond ETF by 2.8% during the 3rd quarter. Leeward Financial Partners LLC now owns 60,936 shares of the company’s stock valued at $1,524,000 after acquiring an additional 1,687 shares during the period.

Franklin Dynamic Municipal Bond ETF Stock Performance

NYSEARCA:FLMI opened at $24.70 on Tuesday. The firm has a fifty day simple moving average of $24.83 and a two-hundred 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 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.