

AdvisorNet Financial Inc purchased a new position in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 130,743 shares of the company's stock, valued at approximately $3,058,000. AdvisorNet Financial Inc owned about 0.13% of Franklin

Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI - Get Free Report) saw strong trading volume on Wednesday. 835,429 shares traded hands during trading, an increase of 3% from the previous session's volume of 810,043 shares. The stock last traded at $23.3850 and had previously closed at $23.13. Franklin Dynamic Municipal Bond ETF Price Performance The business's

Midterm elections are increasingly taking over the headlines, and that includes coverage of markets. While inflation, rates, and geopolitics probably have more outright impact on portfolios, investors and market watchers still look to midterm elections as a major event.

Shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI - Get Free Report) reached a new 52-week low during mid-day trading on Monday. The company traded as low as $23.78 and last traded at $23.88, with a volume of 1537151 shares trading hands. The stock had previously closed at $23.86. Franklin Dynamic Municipal Bond ETF

Municipal bonds have seen an uptick in interest as more investors look to reduce tax exposures. Economic headwinds are putting pressure on overall portfolios, while shifting yield pictures are seeing portfolios refresh their debt holdings.


Franklin Dynamic Municipal Bond ETF (FLMI) faces headwinds from rising yields and inflation expectations, especially due to the Iran War's impact on energy prices. FLMI's 7-year duration heightens sensitivity to upward yield curve shifts, making it less attractive versus cash or ultra-short duration fixed income. The ETF's 0.3% expense ratio is good compared to active alternatives, but significantly more than passive, though there is historical outperformance on FLMI.

BlueStem Wealth Partners LLC reduced its position in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 23.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 244,137 shares of the company's stock after selling 73,341 shares during the period.