Certified Advisory Corp Raises Position in Franklin Dynamic Municipal Bond ETF $FLMI

Certified Advisory Corp grew its holdings in shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI – Free Report) by 40.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 152,645 shares of the company’s stock after purchasing an additional 43,721 shares during the quarter. Certified Advisory Corp’s holdings in Franklin Dynamic Municipal Bond ETF were worth $3,784,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in FLMI. Allworth Financial LP acquired a new stake in Franklin Dynamic Municipal Bond ETF in the 3rd quarter worth about $25,000. Rockefeller Capital Management L.P. purchased a new position in Franklin Dynamic Municipal Bond ETF in the fourth quarter valued at approximately $42,000. BOKF NA acquired a new stake in shares of Franklin Dynamic Municipal Bond ETF in the third quarter worth $44,000. Greenline Wealth Management LLC purchased a new position in shares of Franklin Dynamic Municipal Bond ETF in the 4th quarter valued at $52,000. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in shares of Franklin Dynamic Municipal Bond ETF in the 3rd quarter valued at $62,000.

Franklin Dynamic Municipal Bond ETF Stock Performance

NYSEARCA:FLMI opened at $25.07 on Wednesday. The firm’s fifty day simple moving average is $24.97 and its 200 day simple moving average is $24.99. Franklin Dynamic Municipal Bond ETF has a twelve month low of $23.94 and a twelve month high of $25.46.

Franklin Dynamic Municipal Bond ETF Company Profile

(Free Report)

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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