Prentice Wealth Management LLC Raises Stock Position in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI)

Prentice Wealth Management LLC boosted its position in shares of Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 82.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 128,548 shares of the company’s stock after acquiring an additional 58,283 shares during the period. Franklin Dynamic Municipal Bond ETF accounts for 0.9% of Prentice Wealth Management LLC’s holdings, making the stock its 20th biggest position. Prentice Wealth Management LLC owned 0.51% of Franklin Dynamic Municipal Bond ETF worth $3,142,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. D.A. Davidson & CO. acquired a new stake in shares of Franklin Dynamic Municipal Bond ETF in the 4th quarter worth $207,000. Raymond James Financial Inc. acquired a new stake in Franklin Dynamic Municipal Bond ETF in the fourth quarter worth about $11,733,000. Truist Financial Corp grew its stake in shares of Franklin Dynamic Municipal Bond ETF by 20.2% during the fourth quarter. Truist Financial Corp now owns 28,603 shares of the company’s stock worth $699,000 after acquiring an additional 4,803 shares during the last quarter. Atria Wealth Solutions Inc. acquired a new position in shares of Franklin Dynamic Municipal Bond ETF during the fourth quarter valued at about $244,000. Finally, Commonwealth Equity Services LLC raised its position in shares of Franklin Dynamic Municipal Bond ETF by 57.9% in the 4th quarter. Commonwealth Equity Services LLC now owns 128,254 shares of the company’s stock valued at $3,134,000 after purchasing an additional 47,046 shares during the last quarter.

Franklin Dynamic Municipal Bond ETF Trading Up 0.0%

Franklin Dynamic Municipal Bond ETF stock opened at $24.14 on Friday. The business’s 50-day simple moving average is $24.04 and its two-hundred day simple moving average is $24.39. Franklin Dynamic Municipal Bond ETF has a fifty-two week low of $23.05 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.