International Assets Investment Management LLC Buys Shares of 14,244 Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI)

International Assets Investment Management LLC purchased a new position in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 14,244 shares of the company’s stock, valued at approximately $349,000. International Assets Investment Management LLC owned approximately 0.17% of Franklin Dynamic Municipal Bond ETF at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Sigma Planning Corp purchased a new position in Franklin Dynamic Municipal Bond ETF in the third quarter worth $238,000. CWM LLC raised its stake in Franklin Dynamic Municipal Bond ETF by 592.5% in the third quarter. CWM LLC now owns 10,007 shares of the company’s stock valued at $250,000 after buying an additional 8,562 shares during the last quarter. TrueWealth Advisors LLC raised its stake in Franklin Dynamic Municipal Bond ETF by 24.9% in the third quarter. TrueWealth Advisors LLC now owns 15,891 shares of the company’s stock valued at $397,000 after buying an additional 3,172 shares during the last quarter. Atria Investments Inc boosted its holdings in Franklin Dynamic Municipal Bond ETF by 13.2% in the third quarter. Atria Investments Inc now owns 16,911 shares of the company’s stock worth $423,000 after acquiring an additional 1,974 shares in the last quarter. Finally, Truist Financial Corp grew its stake in shares of Franklin Dynamic Municipal Bond ETF by 66.4% during the second quarter. Truist Financial Corp now owns 23,137 shares of the company’s stock worth $565,000 after acquiring an additional 9,236 shares during the last quarter.

Franklin Dynamic Municipal Bond ETF Trading Down 0.3 %

NYSEARCA:FLMI opened at $24.33 on Friday. The firm has a fifty day simple moving average of $24.66 and a 200-day simple moving average of $24.69. Franklin Dynamic Municipal Bond ETF has a 12 month low of $24.06 and a 12 month high of $25.50.

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.