Certified Advisory Corp Acquires 93,418 Shares of Franklin Dynamic Municipal Bond ETF $FLMI

Certified Advisory Corp lifted its holdings in shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 602.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 108,924 shares of the company’s stock after purchasing an additional 93,418 shares during the period. Certified Advisory Corp owned 0.19% of Franklin Dynamic Municipal Bond ETF worth $2,709,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC bought a new position in Franklin Dynamic Municipal Bond ETF during the 4th quarter worth $306,000. TrueWealth Advisors LLC grew its position in shares of Franklin Dynamic Municipal Bond ETF by 44.1% in the 4th quarter. TrueWealth Advisors LLC now owns 37,687 shares of the company’s stock valued at $937,000 after buying an additional 11,528 shares during the last quarter. TruWealth Advisors LLC grew its position in shares of Franklin Dynamic Municipal Bond ETF by 40.0% in the 4th quarter. TruWealth Advisors LLC now owns 608,577 shares of the company’s stock valued at $15,135,000 after buying an additional 174,006 shares during the last quarter. Winebrenner Capital Management LLC acquired a new stake in shares of Franklin Dynamic Municipal Bond ETF in the fourth quarter valued at about $298,000. Finally, Allworth Financial LP acquired a new stake in shares of Franklin Dynamic Municipal Bond ETF in the third quarter valued at about $25,000.

Franklin Dynamic Municipal Bond ETF Stock Performance

Shares of FLMI opened at $24.64 on Wednesday. The business has a 50-day moving average of $25.13 and a 200-day moving average of $24.95. Franklin Dynamic Municipal Bond ETF has a 1 year low of $23.05 and a 1 year high of $25.46.

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.