Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) Shares Bought by ShoreHaven Wealth Partners LLC

ShoreHaven Wealth Partners LLC raised its holdings in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 1.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 148,014 shares of the company’s stock after acquiring an additional 1,996 shares during the quarter. Franklin Dynamic Municipal Bond ETF accounts for about 1.8% of ShoreHaven Wealth Partners LLC’s portfolio, making the stock its 16th biggest holding. ShoreHaven Wealth Partners LLC owned 1.75% of Franklin Dynamic Municipal Bond ETF worth $3,702,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of FLMI. Wulff Hansen & CO. grew its holdings in Franklin Dynamic Municipal Bond ETF by 2,340.1% during the second quarter. Wulff Hansen & CO. now owns 1,004,991 shares of the company’s stock valued at $24,523,000 after purchasing an additional 963,804 shares during the last quarter. Central Bank & Trust Co. boosted its stake in Franklin Dynamic Municipal Bond ETF by 11.1% in the second quarter. Central Bank & Trust Co. now owns 665,950 shares of the company’s stock worth $16,249,000 after purchasing an additional 66,526 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in Franklin Dynamic Municipal Bond ETF in the second quarter worth $4,450,000. Patriot Financial Group Insurance Agency LLC boosted its stake in Franklin Dynamic Municipal Bond ETF by 0.4% in the second quarter. Patriot Financial Group Insurance Agency LLC now owns 150,768 shares of the company’s stock worth $3,679,000 after purchasing an additional 616 shares in the last quarter. Finally, American Financial & Tax Strategies Inc. raised its position in shares of Franklin Dynamic Municipal Bond ETF by 2.5% during the second quarter. American Financial & Tax Strategies Inc. now owns 138,403 shares of the company’s stock worth $3,377,000 after acquiring an additional 3,328 shares during the last quarter.

Franklin Dynamic Municipal Bond ETF Stock Performance

FLMI stock opened at $24.69 on Friday. Franklin Dynamic Municipal Bond ETF has a twelve month low of $22.52 and a twelve month high of $25.50. The business has a fifty day moving average of $24.84 and a 200-day moving average of $24.55.

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.