Fmr LLC Has $3.71 Million Stock Position in Franklin Municipal Green Bond ETF (NYSEARCA:FLMB)

Fmr LLC increased its stake in shares of Franklin Municipal Green Bond ETF (NYSEARCA:FLMB) by 58.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 151,487 shares of the company’s stock after buying an additional 55,991 shares during the period. Fmr LLC owned 3.26% of Franklin Municipal Green Bond ETF worth $3,705,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Thrivent Financial for Lutherans acquired a new position in Franklin Municipal Green Bond ETF during the 2nd quarter worth about $2,741,000. Private Advisor Group LLC lifted its position in Franklin Municipal Green Bond ETF by 6.0% during the 2nd quarter. Private Advisor Group LLC now owns 45,488 shares of the company’s stock valued at $1,087,000 after purchasing an additional 2,562 shares during the period. Finally, Commonwealth Financial Services LLC lifted its position in Franklin Municipal Green Bond ETF by 15.7% during the 3rd quarter. Commonwealth Financial Services LLC now owns 30,812 shares of the company’s stock valued at $753,000 after purchasing an additional 4,182 shares during the period.

Franklin Municipal Green Bond ETF Stock Performance

Franklin Municipal Green Bond ETF stock opened at $24.08 on Friday. Franklin Municipal Green Bond ETF has a 1 year low of $23.04 and a 1 year high of $24.47. The company’s 50-day moving average is $24.16 and its two-hundred day moving average is $24.12.

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.