Franklin Dynamic Municipal Bond ETF $FLMI Holdings Increased by Members Advisory Group LLC

Members Advisory Group LLC grew its stake in shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 33.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,352 shares of the company’s stock after buying an additional 2,814 shares during the quarter. Members Advisory Group LLC’s holdings in Franklin Dynamic Municipal Bond ETF were worth $275,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FLMI. Janney Montgomery Scott LLC raised its position in shares of Franklin Dynamic Municipal Bond ETF by 184.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 54,579 shares of the company’s stock worth $1,334,000 after buying an additional 35,392 shares in the last quarter. ORG Partners LLC bought a new stake in shares of Franklin Dynamic Municipal Bond ETF during the 1st quarter worth about $122,000. Cambridge Investment Research Advisors Inc. raised its position in shares of Franklin Dynamic Municipal Bond ETF by 24.0% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 139,582 shares of the company’s stock worth $3,411,000 after buying an additional 27,036 shares in the last quarter. Embree Financial Group bought a new stake in shares of Franklin Dynamic Municipal Bond ETF during the 1st quarter worth about $699,000. Finally, International Assets Investment Management LLC raised its position in shares of Franklin Dynamic Municipal Bond ETF by 40.7% during the 1st quarter. International Assets Investment Management LLC now owns 20,044 shares of the company’s stock worth $490,000 after buying an additional 5,800 shares in the last quarter.

Franklin Dynamic Municipal Bond ETF Stock Performance

FLMI stock opened at $24.93 on Monday. Franklin Dynamic Municipal Bond ETF has a 52 week low of $23.05 and a 52 week high of $25.38. The firm’s 50-day moving average is $24.50 and its two-hundred day moving average is $24.22.

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.