Harbour Investments Inc. Sells 18,405 Shares of Franklin Dynamic Municipal Bond ETF $FLMI

Harbour Investments Inc. trimmed its position in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 68.9% in the second quarter, Holdings Channel reports. The fund owned 8,289 shares of the company’s stock after selling 18,405 shares during the quarter. Harbour Investments Inc.’s holdings in Franklin Dynamic Municipal Bond ETF were worth $201,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of FLMI. LPL Financial LLC raised its position in Franklin Dynamic Municipal Bond ETF by 19.0% during the 1st quarter. LPL Financial LLC now owns 3,084,460 shares of the company’s stock worth $75,384,000 after purchasing an additional 493,257 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its position in Franklin Dynamic Municipal Bond ETF by 5.2% during the 2nd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,166,091 shares of the company’s stock worth $52,549,000 after purchasing an additional 106,403 shares during the last quarter. Central Bank & Trust Co. raised its position in Franklin Dynamic Municipal Bond ETF by 0.3% during the 2nd quarter. Central Bank & Trust Co. now owns 741,931 shares of the company’s stock worth $17,999,000 after purchasing an additional 2,149 shares during the last quarter. Raymond James Financial Inc. raised its position in Franklin Dynamic Municipal Bond ETF by 24.5% during the 1st quarter. Raymond James Financial Inc. now owns 597,975 shares of the company’s stock worth $14,615,000 after purchasing an additional 117,811 shares during the last quarter. Finally, Legacy CG LLC bought a new position in Franklin Dynamic Municipal Bond ETF during the 1st quarter worth $11,929,000.

Franklin Dynamic Municipal Bond ETF Stock Up 0.1%

Shares of NYSEARCA:FLMI opened at $24.98 on Thursday. The business has a fifty day simple moving average of $24.55 and a 200 day simple moving average of $24.24. Franklin Dynamic Municipal Bond ETF has a 12-month low of $23.05 and a 12-month high of $25.38.

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.