Redhawk Wealth Advisors Inc. Grows Stock Position in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI)

Redhawk Wealth Advisors Inc. increased its stake in shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 7.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 64,646 shares of the company’s stock after buying an additional 4,440 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in Franklin Dynamic Municipal Bond ETF were worth $1,580,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of FLMI. Cedar Point Capital Partners LLC raised 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 valued at $911,000 after purchasing an additional 1,251 shares in the last quarter. Leeward Financial Partners LLC raised its stake 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 acquiring an additional 1,687 shares during the last quarter. Atria Investments Inc lifted its holdings in Franklin Dynamic Municipal Bond ETF by 13.2% in the 3rd quarter. Atria Investments Inc now owns 16,911 shares of the company’s stock worth $423,000 after buying an additional 1,974 shares during the period. ShoreHaven Wealth Partners LLC boosted its stake in shares of Franklin Dynamic Municipal Bond ETF by 1.4% during the 3rd quarter. ShoreHaven Wealth Partners LLC now owns 148,014 shares of the company’s stock valued at $3,702,000 after purchasing an additional 1,996 shares in the last quarter. Finally, TrueWealth Advisors LLC grew its stake in Franklin Dynamic Municipal Bond ETF by 24.9% in the third quarter. TrueWealth Advisors LLC now owns 15,891 shares of the company’s stock worth $397,000 after purchasing an additional 3,172 shares during the period.

Franklin Dynamic Municipal Bond ETF Stock Up 0.7 %

Shares of NYSEARCA FLMI opened at $24.42 on Thursday. The company has a 50 day simple moving average of $24.64 and a two-hundred day simple moving average of $24.69. Franklin Dynamic Municipal Bond ETF has a fifty-two week low of $24.06 and a fifty-two week high of $25.50.

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.