Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) Shares Acquired by Patriot Financial Group Insurance Agency LLC

Patriot Financial Group Insurance Agency LLC boosted its holdings in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 8.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 163,103 shares of the company’s stock after acquiring an additional 12,335 shares during the period. Patriot Financial Group Insurance Agency LLC owned 1.93% of Franklin Dynamic Municipal Bond ETF worth $4,079,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Financial Advocates Investment Management raised its stake in shares of Franklin Dynamic Municipal Bond ETF by 6.3% in the 2nd quarter. Financial Advocates Investment Management now owns 49,031 shares of the company’s stock valued at $1,196,000 after acquiring an additional 2,890 shares during the period. Harbour Investments Inc. raised its holdings in shares of Franklin Dynamic Municipal Bond ETF by 285.1% in the 2nd quarter. Harbour Investments Inc. now owns 28,777 shares of the company’s stock valued at $702,000 after buying an additional 21,304 shares during the period. International Assets Investment Management LLC acquired a new position in Franklin Dynamic Municipal Bond ETF during the 2nd quarter worth about $204,000. Private Advisor Group LLC boosted its holdings in Franklin Dynamic Municipal Bond ETF by 43.6% during the 1st quarter. Private Advisor Group LLC now owns 27,168 shares of the company’s stock valued at $666,000 after acquiring an additional 8,244 shares during the period. Finally, Bank of New York Mellon Corp boosted its holdings in Franklin Dynamic Municipal Bond ETF by 6.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 116,983 shares of the company’s stock valued at $2,854,000 after acquiring an additional 6,974 shares during the period.

Franklin Dynamic Municipal Bond ETF Price Performance

NYSEARCA:FLMI remained flat at $24.69 on Monday. 22,731 shares of the company’s stock were exchanged, compared to its average volume of 93,817. The business has a 50-day simple moving average of $24.84 and a two-hundred day simple moving average of $24.56. Franklin Dynamic Municipal Bond ETF has a one year low of $22.52 and a one year high of $25.50.

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.