Midwest Financial Partners Investments Inc. Has $11.62 Million Holdings in Franklin Dynamic Municipal Bond ETF $FLMI

Midwest Financial Partners Investments Inc. boosted its holdings in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 6.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 468,525 shares of the company’s stock after buying an additional 26,970 shares during the period. Franklin Dynamic Municipal Bond ETF makes up about 6.2% of Midwest Financial Partners Investments Inc.’s investment portfolio, making the stock its 6th biggest position. Midwest Financial Partners Investments Inc. owned approximately 0.60% of Franklin Dynamic Municipal Bond ETF worth $11,615,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of FLMI. Global Retirement Partners LLC lifted its stake in shares of Franklin Dynamic Municipal Bond ETF by 0.8% in the 4th quarter. Global Retirement Partners LLC now owns 55,692 shares of the company’s stock valued at $1,385,000 after purchasing an additional 427 shares during the period. Members Advisory Group LLC grew its stake in shares of Franklin Dynamic Municipal Bond ETF by 3.1% during the fourth quarter. Members Advisory Group LLC now owns 15,808 shares of the company’s stock worth $393,000 after purchasing an additional 473 shares during the period. Wayfinding Financial LLC grew its stake in shares of Franklin Dynamic Municipal Bond ETF by 0.7% during the third quarter. Wayfinding Financial LLC now owns 80,898 shares of the company’s stock worth $2,003,000 after purchasing an additional 550 shares during the period. Bowman & Co S.C. increased its holdings in Franklin Dynamic Municipal Bond ETF by 1.3% in the fourth quarter. Bowman & Co S.C. now owns 56,819 shares of the company’s stock valued at $1,413,000 after purchasing an additional 704 shares during the last quarter. Finally, J.W. Cole Advisors Inc. increased its holdings in Franklin Dynamic Municipal Bond ETF by 5.1% in the fourth quarter. J.W. Cole Advisors Inc. now owns 16,938 shares of the company’s stock valued at $421,000 after purchasing an additional 829 shares during the last quarter.

Franklin Dynamic Municipal Bond ETF Stock Performance

Shares of FLMI opened at $25.17 on Tuesday. Franklin Dynamic Municipal Bond ETF has a 1 year low of $23.94 and a 1 year high of $25.46. The stock’s 50-day moving average price is $24.98 and its two-hundred day moving average price is $25.00.

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.