2,331 Shares in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) Purchased by Cwm LLC

Cwm LLC bought a new stake in shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,331 shares of the company’s stock, valued at approximately $57,000. Cwm LLC owned 0.05% of Franklin Dynamic Municipal Bond ETF at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. VitalStone Financial LLC purchased a new position in Franklin Dynamic Municipal Bond ETF during the 3rd quarter valued at $30,000. Financial Advocates Investment Management boosted its stake in shares of Franklin Dynamic Municipal Bond ETF by 7.7% during the third quarter. Financial Advocates Investment Management now owns 32,524 shares of the company’s stock valued at $746,000 after purchasing an additional 2,337 shares during the period. Stratos Wealth Advisors LLC grew its holdings in shares of Franklin Dynamic Municipal Bond ETF by 10.8% in the fourth quarter. Stratos Wealth Advisors LLC now owns 43,576 shares of the company’s stock worth $1,057,000 after purchasing an additional 4,244 shares during the last quarter. Leeward Financial Partners LLC increased its stake in Franklin Dynamic Municipal Bond ETF by 15.8% in the 3rd quarter. Leeward Financial Partners LLC now owns 40,215 shares of the company’s stock worth $923,000 after buying an additional 5,495 shares during the period. Finally, Aspire Wealth Management Corp bought a new stake in Franklin Dynamic Municipal Bond ETF during the 4th quarter valued at about $175,000.

Franklin Dynamic Municipal Bond ETF Stock Performance

Shares of FLMI stock opened at $24.34 on Thursday. The company’s 50-day simple moving average is $24.29 and its two-hundred day simple moving average is $23.98. Franklin Dynamic Municipal Bond ETF has a one year low of $22.50 and a one year high of $25.94.

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.