Integrated Wealth Concepts LLC Acquires 19,089 Shares of Franklin Dynamic Municipal Bond ETF $FLMI

Integrated Wealth Concepts LLC lifted its holdings in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 134.4% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 33,290 shares of the company’s stock after buying an additional 19,089 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Franklin Dynamic Municipal Bond ETF were worth $814,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in FLMI. Comerica Bank bought a new position in shares of Franklin Dynamic Municipal Bond ETF in the fourth quarter valued at about $76,000. SouthState Corp bought a new position in Franklin Dynamic Municipal Bond ETF in the first quarter valued at about $84,000. ORG Partners LLC bought a new position in Franklin Dynamic Municipal Bond ETF in the first quarter valued at about $122,000. IFP Advisors Inc boosted its holdings in Franklin Dynamic Municipal Bond ETF by 44.6% in the first quarter. IFP Advisors Inc now owns 5,971 shares of the company’s stock valued at $146,000 after acquiring an additional 1,841 shares during the last quarter. Finally, Members Advisory Group LLC bought a new position in Franklin Dynamic Municipal Bond ETF in the first quarter valued at about $209,000.

Franklin Dynamic Municipal Bond ETF Trading Up 0.3%

Franklin Dynamic Municipal Bond ETF stock opened at $24.70 on Friday. The business’s 50-day simple moving average is $24.15 and its 200 day simple moving average is $24.20. Franklin Dynamic Municipal Bond ETF has a 12-month low of $23.05 and a 12-month high of $25.38.

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.