Atria Wealth Solutions Inc. increased its stake in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI – Free Report) by 111.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,886 shares of the company’s stock after purchasing an additional 13,095 shares during the period. Atria Wealth Solutions Inc. owned 0.08% of Franklin Dynamic Municipal Bond ETF worth $603,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. LPL Financial LLC raised its position in shares of Franklin Dynamic Municipal Bond ETF by 19.0% during the 1st quarter. LPL Financial LLC now owns 3,084,460 shares of the company’s stock valued at $75,384,000 after acquiring an additional 493,257 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its position in shares of Franklin Dynamic Municipal Bond ETF by 5.2% during the 2nd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,166,091 shares of the company’s stock valued at $52,549,000 after acquiring an additional 106,403 shares during the last quarter. Central Bank & Trust Co. raised its position in shares of Franklin Dynamic Municipal Bond ETF by 0.3% during the 2nd quarter. Central Bank & Trust Co. now owns 741,931 shares of the company’s stock valued at $17,999,000 after acquiring an additional 2,149 shares during the last quarter. Raymond James Financial Inc. raised its position in shares of Franklin Dynamic Municipal Bond ETF by 24.5% during the 1st quarter. Raymond James Financial Inc. now owns 597,975 shares of the company’s stock valued at $14,615,000 after acquiring an additional 117,811 shares during the last quarter. Finally, Legacy CG LLC bought a new stake in shares of Franklin Dynamic Municipal Bond ETF during the 1st quarter valued at $11,929,000.
Franklin Dynamic Municipal Bond ETF Stock Performance
Shares of Franklin Dynamic Municipal Bond ETF stock opened at $24.93 on Friday. The firm has a fifty day moving average of $24.50 and a two-hundred day moving average of $24.23. Franklin Dynamic Municipal Bond ETF has a 52 week low of $23.05 and a 52 week high of $25.38.
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.
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