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Franklin Dynamic Municipal Bond ETF

65 hedge funds and large institutions have $135M invested in Franklin Dynamic Municipal Bond ETF in 2024 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 34 increasing their positions, 12 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,200% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 1

183% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 12

21% more capital invested

Capital invested by funds: $112M → $135M (+$23.1M)

20% more funds holding

Funds holding: 5465 (+11)

0.05% less ownership

Funds ownership: 69.05%69.01% (-0.05%)

Holders
65
Holders Change
+11
Holders Change %
+20.37%
% of All Funds
0.94%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
13
Increased
34
Reduced
12
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SPIA
26
Steward Partners Investment Advisory
New York
$939K +$590K +24,302 +174%
CPCP
27
Cedar Point Capital Partners
Iowa
$921K +$73.8K +3,037 +9%
RJA
28
Raymond James & Associates
Florida
$913K -$254K -10,451 -22%
SWM
29
SFG Wealth Management
Maryland
$695K +$689K +28,351 New
PAG
30
Private Advisor Group
New Jersey
$666K +$200K +8,244 +44%
EFS
31
Essex Financial Services
Connecticut
$594K +$275K +11,304 +87%
Envestnet Asset Management
32
Envestnet Asset Management
Illinois
$565K +$167K +6,874 +43%
CWM
33
Collaborative Wealth Management
Florida
$541K +$221K +9,120 +71%
CAN
34
Cetera Advisor Networks
California
$527K +$76.8K +3,163 +17%
KAS
35
Kestra Advisory Services
Texas
$511K +$169K +6,959 +50%
GIA
36
Gladstone Institutional Advisory
Florida
$430K +$15.6K +642 +4%
VWA
37
Visionary Wealth Advisors
Illinois
$420K -$37.7K -1,551 -8%
CA
38
Cetera Advisors
Colorado
$408K +$404K +16,629 New
EH
39
Equitable Holdings
New York
$405K -$148K -6,114 -27%
BFA
40
Bill Few Associates
Pennsylvania
$375K
RWA
41
Redhawk Wealth Advisors
Minnesota
$365K +$8.11K +334 +2%
Citadel Advisors
42
Citadel Advisors
Florida
$358K +$355K +14,598 New
Truist Financial
43
Truist Financial
North Carolina
$341K +$2.65K +109 +0.8%
Janney Montgomery Scott
44
Janney Montgomery Scott
Pennsylvania
$279K +$5.25K +216 +2%
AAS
45
Avantax Advisory Services
Texas
$275K +$273K +11,225 New
Stifel Financial
46
Stifel Financial
Missouri
$272K +$269K +11,085 New
RA
47
RFG Advisory
Alabama
$260K +$258K +10,614 New
MFG
48
Magnus Financial Group
New York
$223K +$13.3K +549 +6%
AWM
49
AE Wealth Management
Kansas
$216K -$189K -7,775 -47%
TA
50
TrueWealth Advisors
Alabama
$210K +$208K +8,576 New

FLMI Hedge Fund Activity: Q1 2024 in Review

65 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Franklin Dynamic Municipal Bond ETF (FLMI) for Q1 2024, worth a combined $135M — up 21% from $112M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new FLMI positions and 1 closed out — a net gain of 12 holders — while 34 added to existing stakes and 12 trimmed.

The largest buyer was Central Bank & Trust, adding an estimated $7.34M. The largest seller was JP Morgan Chase, cutting an estimated $1.97M.

  • 65 institutional investors held Franklin Dynamic Municipal Bond ETF (FLMI) as of Q1 2024, up from 54 in Q4 2023.
  • Funds reported $135M of Franklin Dynamic Municipal Bond ETF stock for Q1 2024, up 21% quarter-over-quarter.
  • 13 funds opened new Franklin Dynamic Municipal Bond ETF positions in Q1 2024 and 1 closed out, a net change of +12 holders.
  • The largest Franklin Dynamic Municipal Bond ETF buyer in Q1 2024 was Central Bank & Trust, an estimated $7.34M added.
  • The largest Franklin Dynamic Municipal Bond ETF seller in Q1 2024 was JP Morgan Chase, an estimated $1.97M sold.

Based on aggregated 13F filings for Q1 2024.