Franklin Dynamic Municipal Bond ETF $FLMI Shares Purchased by Certified Advisory Corp

Certified Advisory Corp grew its stake in shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 40.1% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 152,645 shares of the company’s stock after buying an additional 43,721 shares during the period. Certified Advisory Corp owned 0.20% of Franklin Dynamic Municipal Bond ETF worth $3,784,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. LPL Financial LLC boosted its stake in shares of Franklin Dynamic Municipal Bond ETF by 27.4% during the fourth quarter. LPL Financial LLC now owns 4,806,634 shares of the company’s stock valued at $119,541,000 after acquiring an additional 1,034,603 shares during the last quarter. Ameriprise Financial Inc. raised its stake in Franklin Dynamic Municipal Bond ETF by 93.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,048,279 shares of the company’s stock valued at $50,767,000 after purchasing an additional 987,594 shares during the last quarter. Wells Fargo & Company MN raised its stake in Franklin Dynamic Municipal Bond ETF by 75.8% in the 4th quarter. Wells Fargo & Company MN now owns 1,530,968 shares of the company’s stock valued at $38,075,000 after purchasing an additional 660,284 shares during the last quarter. Midwest Financial Partners Investments Inc. purchased a new position in Franklin Dynamic Municipal Bond ETF in the 4th quarter valued at about $10,981,000. Finally, New England Private Wealth Advisors LLC lifted its holdings in Franklin Dynamic Municipal Bond ETF by 454.6% in the 4th quarter. New England Private Wealth Advisors LLC now owns 525,876 shares of the company’s stock valued at $13,079,000 after purchasing an additional 431,051 shares in the last quarter.

Franklin Dynamic Municipal Bond ETF Stock Down 0.0%

Franklin Dynamic Municipal Bond ETF stock opened at $25.07 on Wednesday. Franklin Dynamic Municipal Bond ETF has a 12-month low of $23.94 and a 12-month high of $25.46. The firm’s 50-day moving average is $24.97 and its two-hundred day moving average is $24.99.

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.