Private Advisor Group LLC Grows Stock Holdings in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI)

Private Advisor Group LLC increased its position in shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 47.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 40,084 shares of the company’s stock after buying an additional 12,916 shares during the quarter. Private Advisor Group LLC owned about 0.47% of Franklin Dynamic Municipal Bond ETF worth $978,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Patriot Financial Group Insurance Agency LLC raised its position in shares of Franklin Dynamic Municipal Bond ETF by 0.4% during the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 150,768 shares of the company’s stock valued at $3,679,000 after buying an additional 616 shares during the period. SFG Wealth Management LLC. increased its holdings in Franklin Dynamic Municipal Bond ETF by 3.8% in the 2nd quarter. SFG Wealth Management LLC. now owns 29,434 shares of the company’s stock valued at $718,000 after purchasing an additional 1,083 shares during the last quarter. Steward Partners Investment Advisory LLC increased its holdings in Franklin Dynamic Municipal Bond ETF by 16.4% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 13,961 shares of the company’s stock valued at $339,000 after purchasing an additional 1,963 shares during the last quarter. Creekmur Asset Management LLC acquired a new stake in Franklin Dynamic Municipal Bond ETF in the 4th quarter valued at approximately $53,000. Finally, GAMMA Investing LLC acquired a new stake in Franklin Dynamic Municipal Bond ETF in the 1st quarter valued at approximately $56,000.

Franklin Dynamic Municipal Bond ETF Trading Up 0.2 %

Franklin Dynamic Municipal Bond ETF stock opened at $24.91 on Tuesday. Franklin Dynamic Municipal Bond ETF has a fifty-two week low of $22.50 and a fifty-two week high of $25.50. The firm has a 50 day moving average price of $24.68 and a 200 day moving average price of $24.45.

About Franklin Dynamic Municipal Bond ETF

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.