Leeward Financial Partners LLC Raises Stock Position in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI)

Leeward Financial Partners LLC lifted its holdings in shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 2.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 60,936 shares of the company’s stock after purchasing an additional 1,687 shares during the quarter. Leeward Financial Partners LLC’s holdings in Franklin Dynamic Municipal Bond ETF were worth $1,524,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the business. Wulff Hansen & CO. increased its holdings in Franklin Dynamic Municipal Bond ETF by 2,340.1% during the 2nd quarter. Wulff Hansen & CO. now owns 1,004,991 shares of the company’s stock worth $24,523,000 after purchasing an additional 963,804 shares during the period. Sanctuary Advisors LLC purchased a new stake in shares of Franklin Dynamic Municipal Bond ETF during the second quarter worth approximately $4,450,000. Thrivent Financial for Lutherans acquired a new stake in Franklin Dynamic Municipal Bond ETF in the second quarter valued at approximately $2,758,000. Central Bank & Trust Co. raised its holdings in Franklin Dynamic Municipal Bond ETF by 11.1% in the second quarter. Central Bank & Trust Co. now owns 665,950 shares of the company’s stock valued at $16,249,000 after acquiring an additional 66,526 shares in the last quarter. Finally, One Degree Advisors Inc purchased a new position in Franklin Dynamic Municipal Bond ETF in the third quarter worth approximately $1,186,000.

Franklin Dynamic Municipal Bond ETF Trading Up 0.6 %

Shares of NYSEARCA:FLMI traded up $0.14 during trading hours on Monday, reaching $24.67. The stock had a trading volume of 1,106 shares, compared to its average volume of 93,747. The firm’s 50 day moving average is $24.83 and its 200-day moving average is $24.57. Franklin Dynamic Municipal Bond ETF has a 1 year low of $22.83 and a 1 year high of $25.50.

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.