Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) Stock Holdings Boosted by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC increased its position in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 12.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 284,843 shares of the company’s stock after acquiring an additional 30,718 shares during the period. Kestra Private Wealth Services LLC’s holdings in Franklin Dynamic Municipal Bond ETF were worth $6,960,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Central Bank & Trust Co. increased its stake in shares of Franklin Dynamic Municipal Bond ETF by 30.3% in the third quarter. Central Bank & Trust Co. now owns 867,890 shares of the company’s stock valued at $21,706,000 after purchasing an additional 201,940 shares during the period. Sanctuary Advisors LLC grew its holdings in Franklin Dynamic Municipal Bond ETF by 93.2% in the 3rd quarter. Sanctuary Advisors LLC now owns 355,837 shares of the company’s stock worth $8,835,000 after buying an additional 171,643 shares in the last quarter. HighTower Advisors LLC acquired a new stake in Franklin Dynamic Municipal Bond ETF in the 3rd quarter valued at approximately $3,050,000. Jane Street Group LLC raised its stake in Franklin Dynamic Municipal Bond ETF by 175.1% during the 3rd quarter. Jane Street Group LLC now owns 155,451 shares of the company’s stock valued at $3,888,000 after acquiring an additional 98,954 shares in the last quarter. Finally, One Degree Advisors Inc acquired a new position in Franklin Dynamic Municipal Bond ETF during the 3rd quarter worth $1,186,000.

Franklin Dynamic Municipal Bond ETF Price Performance

NYSEARCA:FLMI opened at $24.60 on Monday. Franklin Dynamic Municipal Bond ETF has a 1 year low of $24.06 and a 1 year high of $25.38. The business has a fifty day moving average of $24.57 and a 200-day moving average of $24.70.

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.