Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) Shares Acquired by Harbour Investments Inc.

Harbour Investments Inc. lifted its holdings in shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 18.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 39,260 shares of the company’s stock after buying an additional 6,005 shares during the period. Harbour Investments Inc.’s holdings in Franklin Dynamic Municipal Bond ETF were worth $959,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in shares of Franklin Dynamic Municipal Bond ETF by 9.0% during the third quarter. JPMorgan Chase & Co. now owns 228,634 shares of the company’s stock worth $5,718,000 after buying an additional 18,867 shares during the period. Stifel Financial Corp boosted its position in shares of Franklin Dynamic Municipal Bond ETF by 119.1% during the third quarter. Stifel Financial Corp now owns 24,434 shares of the company’s stock worth $611,000 after buying an additional 13,281 shares during the period. D.A. Davidson & CO. acquired a new position in shares of Franklin Dynamic Municipal Bond ETF during the fourth quarter worth approximately $207,000. Atria Wealth Solutions Inc. acquired a new position in shares of Franklin Dynamic Municipal Bond ETF during the fourth quarter worth approximately $244,000. Finally, Truist Financial Corp lifted its position in Franklin Dynamic Municipal Bond ETF by 20.2% in the fourth quarter. Truist Financial Corp now owns 28,603 shares of the company’s stock worth $699,000 after purchasing an additional 4,803 shares during the period.

Franklin Dynamic Municipal Bond ETF Stock Performance

FLMI opened at $24.57 on Wednesday. Franklin Dynamic Municipal Bond ETF has a 1-year low of $24.06 and a 1-year high of $25.38. The business has a 50 day moving average price of $24.57 and a two-hundred day moving average price of $24.69.

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.