Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) Shares Purchased by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC raised its stake in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 12.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 284,843 shares of the company’s stock after purchasing an additional 30,718 shares during the quarter. Kestra Private Wealth Services LLC owned about 3.37% of Franklin Dynamic Municipal Bond ETF worth $6,960,000 at the end of the most recent quarter.

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

Franklin Dynamic Municipal Bond ETF Stock Down 0.2 %

FLMI opened at $24.60 on Monday. Franklin Dynamic Municipal Bond ETF has a twelve month low of $24.06 and a twelve month high of $25.38. The company has a fifty day simple moving average of $24.57 and a 200 day simple moving average of $24.70.

Franklin Dynamic Municipal Bond ETF 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.