Franklin Dynamic Municipal Bond ETF $FLMI Position Increased by Prentice Wealth Management LLC

Prentice Wealth Management LLC raised its stake in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 6.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 353,359 shares of the company’s stock after buying an additional 22,900 shares during the quarter. Franklin Dynamic Municipal Bond ETF accounts for about 1.7% of Prentice Wealth Management LLC’s holdings, making the stock its 15th biggest position. Prentice Wealth Management LLC owned approximately 0.36% of Franklin Dynamic Municipal Bond ETF worth $8,240,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in the stock. Rockefeller Capital Management L.P. acquired a new stake in shares of Franklin Dynamic Municipal Bond ETF during the 4th quarter valued at $42,000. Legacy Wealth Managment LLC ID increased its stake in shares of Franklin Dynamic Municipal Bond ETF by 704.8% in the first quarter. Legacy Wealth Managment LLC ID now owns 2,849 shares of the company’s stock worth $71,000 after acquiring an additional 2,495 shares during the last quarter. Triumph Capital Management acquired a new position in shares of Franklin Dynamic Municipal Bond ETF in the third quarter worth $82,000. Richards Merrill & Peterson Inc. acquired a new position in shares of Franklin Dynamic Municipal Bond ETF in the third quarter worth $117,000. Finally, Arkadios Wealth Advisors purchased a new stake in shares of Franklin Dynamic Municipal Bond ETF during the first quarter worth $211,000.

Franklin Dynamic Municipal Bond ETF Price Performance

Shares of NYSEARCA:FLMI traded up $0.01 during midday trading on Tuesday, hitting $23.64. 874,662 shares of the stock were exchanged, compared to its average volume of 939,409. Franklin Dynamic Municipal Bond ETF has a 52-week low of $23.04 and a 52-week high of $25.46. The business’s fifty day simple moving average is $23.96 and its two-hundred day simple moving average is $24.59.

About Franklin Dynamic Municipal Bond ETF

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.