SFG Wealth Management LLC. Buys 1,083 Shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI)

SFG Wealth Management LLC. grew its stake in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 3.8% during the second quarter, Holdings Channel reports. The firm owned 29,434 shares of the company’s stock after purchasing an additional 1,083 shares during the period. SFG Wealth Management LLC.’s holdings in Franklin Dynamic Municipal Bond ETF were worth $718,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. Steward Partners Investment Advisory LLC lifted its holdings in shares of Franklin Dynamic Municipal Bond ETF by 16.4% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 13,961 shares of the company’s stock valued at $339,000 after purchasing an additional 1,963 shares in the last quarter. Creekmur Asset Management LLC bought a new stake in Franklin Dynamic Municipal Bond ETF during the fourth quarter worth $53,000. GAMMA Investing LLC bought a new stake in Franklin Dynamic Municipal Bond ETF during the first quarter worth $56,000. CWM LLC bought a new stake in Franklin Dynamic Municipal Bond ETF during the fourth quarter worth $57,000. Finally, Collaborative Wealth Managment Inc. lifted its holdings in Franklin Dynamic Municipal Bond ETF by 23.2% during the fourth quarter. Collaborative Wealth Managment Inc. now owns 12,915 shares of the company’s stock worth $313,000 after acquiring an additional 2,434 shares during the period.

Franklin Dynamic Municipal Bond ETF Stock Performance

Franklin Dynamic Municipal Bond ETF stock traded up $0.02 during mid-day trading on Friday, reaching $24.66. 59,940 shares of the company’s stock were exchanged, compared to its average volume of 76,612. The business’s fifty day simple moving average is $24.54 and its 200 day simple moving average is $24.37. Franklin Dynamic Municipal Bond ETF has a one year low of $22.50 and a one year high of $25.94.

About Franklin Dynamic Municipal Bond ETF

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.