On Tuesday, shares of the Franklin Dynamic Municipal Bond ETF (FLMI) fell below the 200-day moving average of $24.68, trading as low as $24.63 per share, representing a decline of approximately 0.7% for the day. This marked a significant moment for the ETF, especially as it approached the low point of its 52-week range at $23.045, with a high of $25.46 over the past year.
As of the last trade, FLMI shares were priced at $24.65, highlighting notable volatility relative to its moving average.
