New England Private Wealth Advisors LLC lifted its holdings in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI – Free Report) by 454.6% during the 4th quarter, Holdings Channel reports. The fund owned 525,876 shares of the company’s stock after acquiring an additional 431,051 shares during the quarter. New England Private Wealth Advisors LLC’s holdings in Franklin Dynamic Municipal Bond ETF were worth $13,079,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also modified their holdings of FLMI. NewEdge Advisors LLC acquired a new position in shares of Franklin Dynamic Municipal Bond ETF in the 1st quarter worth approximately $100,000. Jane Street Group LLC boosted its holdings in shares of Franklin Dynamic Municipal Bond ETF by 37.2% in the 1st quarter. Jane Street Group LLC now owns 45,280 shares of the company’s stock worth $1,107,000 after acquiring an additional 12,284 shares in the last quarter. Diversify Advisory Services LLC acquired a new position in shares of Franklin Dynamic Municipal Bond ETF in the 2nd quarter worth approximately $1,982,000. Raymond James Financial Inc. boosted its holdings in shares of Franklin Dynamic Municipal Bond ETF by 38.2% in the 2nd quarter. Raymond James Financial Inc. now owns 826,544 shares of the company’s stock worth $20,052,000 after acquiring an additional 228,569 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of Franklin Dynamic Municipal Bond ETF by 41.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,060,685 shares of the company’s stock worth $25,683,000 after acquiring an additional 309,775 shares in the last quarter.
Franklin Dynamic Municipal Bond ETF Stock Performance
FLMI stock opened at $24.80 on Friday. The company has a 50 day moving average price of $24.89 and a 200 day moving average price of $24.97. Franklin Dynamic Municipal Bond ETF has a fifty-two week low of $23.94 and a fifty-two week high of $25.46.
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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Want to see what other hedge funds are holding FLMI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI – Free Report).
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