Perigon Wealth Management LLC Boosts Position in Franklin Dynamic Municipal Bond ETF $FLMI

Perigon Wealth Management LLC boosted its position in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 264.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,500 shares of the company’s stock after purchasing an additional 33,000 shares during the quarter. Perigon Wealth Management LLC owned about 0.08% of Franklin Dynamic Municipal Bond ETF worth $1,132,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in FLMI. NewEdge Advisors LLC bought a new position in Franklin Dynamic Municipal Bond ETF in the 1st quarter worth about $100,000. Jane Street Group LLC boosted its position in shares of Franklin Dynamic Municipal Bond ETF by 37.2% during the 1st quarter. Jane Street Group LLC now owns 45,280 shares of the company’s stock valued at $1,107,000 after acquiring an additional 12,284 shares during the last quarter. Franklin Resources Inc. grew its stake in Franklin Dynamic Municipal Bond ETF by 135.2% in the 2nd quarter. Franklin Resources Inc. now owns 43,795 shares of the company’s stock worth $1,062,000 after buying an additional 25,174 shares in the last quarter. CW Advisors LLC bought a new position in shares of Franklin Dynamic Municipal Bond ETF in the 2nd quarter worth $338,000. Finally, Per Stirling Capital Management LLC. increased its holdings in shares of Franklin Dynamic Municipal Bond ETF by 117.1% in the 2nd quarter. Per Stirling Capital Management LLC. now owns 21,590 shares of the company’s stock worth $524,000 after buying an additional 11,645 shares during the last quarter.

Franklin Dynamic Municipal Bond ETF Stock Performance

Franklin Dynamic Municipal Bond ETF stock opened at $24.80 on Monday. Franklin Dynamic Municipal Bond ETF has a fifty-two week low of $23.05 and a fifty-two week high of $25.46. The firm’s fifty day moving average price is $25.08 and its 200-day moving average price is $24.95.

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.