Private Trust Co. NA grew its position in shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI – Free Report) by 108.7% during the fourth quarter, Holdings Channel reports. The fund owned 13,522 shares of the company’s stock after purchasing an additional 7,043 shares during the period. Private Trust Co. NA’s holdings in Franklin Dynamic Municipal Bond ETF were worth $330,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in FLMI. D.A. Davidson & CO. purchased a new position in shares of Franklin Dynamic Municipal Bond ETF during the 4th quarter worth approximately $207,000. Latitude Advisors LLC purchased a new position in shares of Franklin Dynamic Municipal Bond ETF during the 4th quarter worth approximately $210,000. Sigma Planning Corp purchased a new position in shares of Franklin Dynamic Municipal Bond ETF during the 3rd quarter worth approximately $238,000. Acorn Wealth Advisors LLC purchased a new position in shares of Franklin Dynamic Municipal Bond ETF during the 4th quarter worth approximately $240,000. Finally, Atria Wealth Solutions Inc. purchased a new position in shares of Franklin Dynamic Municipal Bond ETF during the 4th quarter worth approximately $244,000.
Franklin Dynamic Municipal Bond ETF Price Performance
Shares of FLMI opened at $24.84 on Monday. The business’s 50 day moving average price is $24.53 and its 200-day moving average price is $24.70. Franklin Dynamic Municipal Bond ETF has a 52 week low of $24.06 and a 52 week high of $25.38.
About Franklin Dynamic Municipal Bond ETF
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.
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Want to see what other hedge funds are holding FLMI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI – Free Report).
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