Franklin Dynamic Municipal Bond ETF $FLMI Holdings Boosted by International Assets Investment Management LLC

International Assets Investment Management LLC lifted its stake in shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 310.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,250 shares of the company’s stock after buying an additional 47,850 shares during the quarter. International Assets Investment Management LLC’s holdings in Franklin Dynamic Municipal Bond ETF were worth $1,475,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in FLMI. Geneos Wealth Management Inc. grew its holdings in Franklin Dynamic Municipal Bond ETF by 395.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 73,100 shares of the company’s stock worth $1,812,000 after acquiring an additional 58,340 shares in the last quarter. Citadel Advisors LLC bought a new stake in shares of Franklin Dynamic Municipal Bond ETF in the 2nd quarter worth about $849,000. NewEdge Advisors LLC increased its position in shares of Franklin Dynamic Municipal Bond ETF by 29.9% in the 2nd quarter. NewEdge Advisors LLC now owns 369,979 shares of the company’s stock worth $9,312,000 after purchasing an additional 85,207 shares during the last quarter. Lido Advisors LLC acquired a new stake in shares of Franklin Dynamic Municipal Bond ETF in the 1st quarter valued at about $1,345,000. Finally, Diversify Wealth Management LLC acquired a new stake in shares of Franklin Dynamic Municipal Bond ETF in the 1st quarter valued at about $928,000.

Franklin Dynamic Municipal Bond ETF Stock Up 0.0%

Shares of FLMI stock opened at $24.10 on Wednesday. Franklin Dynamic Municipal Bond ETF has a one year low of $23.04 and a one year high of $25.46. The company’s 50-day simple moving average is $23.81 and its 200-day simple moving average is $24.68.

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.