Osaic Holdings Inc. Buys 252,383 Shares of Franklin Dynamic Municipal Bond ETF $FLMI

Osaic Holdings Inc. boosted its stake in shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 192.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 383,845 shares of the company’s stock after purchasing an additional 252,383 shares during the period. Osaic Holdings Inc.’s holdings in Franklin Dynamic Municipal Bond ETF were worth $9,312,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. boosted its position in Franklin Dynamic Municipal Bond ETF by 24.5% in the first quarter. Raymond James Financial Inc. now owns 597,975 shares of the company’s stock worth $14,615,000 after purchasing an additional 117,811 shares during the last quarter. Kestra Advisory Services LLC boosted its holdings in shares of Franklin Dynamic Municipal Bond ETF by 50.1% in the first quarter. Kestra Advisory Services LLC now owns 56,826 shares of the company’s stock worth $1,389,000 after buying an additional 18,969 shares during the last quarter. Cedar Point Capital Partners LLC grew its position in Franklin Dynamic Municipal Bond ETF by 1.8% during the first quarter. Cedar Point Capital Partners LLC now owns 39,056 shares of the company’s stock valued at $955,000 after buying an additional 693 shares during the period. Evergreen Wealth Solutions LLC purchased a new stake in Franklin Dynamic Municipal Bond ETF during the first quarter valued at approximately $297,000. Finally, Integrated Wealth Concepts LLC increased its holdings in Franklin Dynamic Municipal Bond ETF by 134.4% during the first quarter. Integrated Wealth Concepts LLC now owns 33,290 shares of the company’s stock valued at $814,000 after buying an additional 19,089 shares during the last quarter.

Franklin Dynamic Municipal Bond ETF Trading Down 0.3%

Shares of Franklin Dynamic Municipal Bond ETF stock opened at $24.82 on Friday. Franklin Dynamic Municipal Bond ETF has a 1-year low of $23.05 and a 1-year high of $25.04. The company’s fifty day simple moving average is $24.90 and its 200-day simple moving average is $24.50.

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.