Latitude Advisors LLC Makes New $210,000 Investment in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI)

Latitude Advisors LLC acquired a new stake in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 8,597 shares of the company’s stock, valued at approximately $210,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Essex Financial Services Inc. boosted its stake in Franklin Dynamic Municipal Bond ETF by 1.8% during the fourth quarter. Essex Financial Services Inc. now owns 25,928 shares of the company’s stock worth $634,000 after buying an additional 466 shares during the period. Redhawk Wealth Advisors Inc. raised its position in Franklin Dynamic Municipal Bond ETF by 2.1% in the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 60,206 shares of the company’s stock worth $1,506,000 after purchasing an additional 1,214 shares during the period. Cedar Point Capital Partners LLC lifted its stake in Franklin Dynamic Municipal Bond ETF by 3.6% in the third quarter. Cedar Point Capital Partners LLC now owns 36,427 shares of the company’s stock worth $911,000 after purchasing an additional 1,251 shares during the last quarter. Leeward Financial Partners LLC boosted its position in shares of Franklin Dynamic Municipal Bond ETF by 2.8% during the third quarter. Leeward Financial Partners LLC now owns 60,936 shares of the company’s stock valued at $1,524,000 after buying an additional 1,687 shares during the period. Finally, Atria Investments Inc grew its stake in shares of Franklin Dynamic Municipal Bond ETF by 13.2% during the third quarter. Atria Investments Inc now owns 16,911 shares of the company’s stock valued at $423,000 after buying an additional 1,974 shares during the last quarter.

Franklin Dynamic Municipal Bond ETF Trading Up 0.2 %

Shares of NYSEARCA FLMI opened at $24.64 on Tuesday. The business’s 50 day moving average price is $24.57 and its 200-day moving average price is $24.70. Franklin Dynamic Municipal Bond ETF has a fifty-two week low of $24.06 and a fifty-two week high of $25.38.

Franklin Dynamic Municipal Bond ETF Company 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.