Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) Holdings Boosted by Stifel Financial Corp

Stifel Financial Corp grew its holdings in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 119.1% in the third quarter, Holdings Channel.com reports. The firm owned 24,434 shares of the company’s stock after purchasing an additional 13,281 shares during the period. Stifel Financial Corp’s holdings in Franklin Dynamic Municipal Bond ETF were worth $611,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of FLMI. International Assets Investment Management LLC acquired a new position in Franklin Dynamic Municipal Bond ETF during the second quarter valued at $204,000. Sigma Planning Corp acquired a new position in shares of Franklin Dynamic Municipal Bond ETF in the 3rd quarter valued at about $238,000. CWM LLC lifted its position in shares of Franklin Dynamic Municipal Bond ETF by 592.5% in the third quarter. CWM LLC now owns 10,007 shares of the company’s stock worth $250,000 after purchasing an additional 8,562 shares in the last quarter. TrueWealth Advisors LLC boosted its holdings in shares of Franklin Dynamic Municipal Bond ETF by 24.9% during the third quarter. TrueWealth Advisors LLC now owns 15,891 shares of the company’s stock worth $397,000 after purchasing an additional 3,172 shares during the period. Finally, Atria Investments Inc boosted its holdings in shares of Franklin Dynamic Municipal Bond ETF by 13.2% during the third quarter. Atria Investments Inc now owns 16,911 shares of the company’s stock worth $423,000 after purchasing an additional 1,974 shares during the period.

Franklin Dynamic Municipal Bond ETF Trading Down 0.1 %

Franklin Dynamic Municipal Bond ETF stock opened at $24.48 on Thursday. Franklin Dynamic Municipal Bond ETF has a twelve month low of $24.06 and a twelve month high of $25.50. The firm’s 50 day moving average price is $24.73 and its two-hundred day moving average price is $24.70.

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.