22,900 Franklin Dynamic Municipal Bond ETF $FLMI Shares Acquired by Prentice Wealth Management LLC

Prentice Wealth Management LLC lifted its position in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) by 6.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 353,359 shares of the company’s stock after buying an additional 22,900 shares during the quarter. Franklin Dynamic Municipal Bond ETF comprises approximately 1.7% of Prentice Wealth Management LLC’s holdings, making the stock its 15th largest position. Prentice Wealth Management LLC’s holdings in Franklin Dynamic Municipal Bond ETF were worth $8,240,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Baird Financial Group Inc. boosted its holdings in Franklin Dynamic Municipal Bond ETF by 8.1% during the second quarter. Baird Financial Group Inc. now owns 11,895 shares of the company’s stock valued at $299,000 after acquiring an additional 895 shares during the period. International Assets Investment Management LLC grew its position in shares of Franklin Dynamic Municipal Bond ETF by 6.2% in the first quarter. International Assets Investment Management LLC now owns 15,400 shares of the company’s stock valued at $381,000 after purchasing an additional 900 shares during the last quarter. Leeward Financial Partners LLC increased its stake in shares of Franklin Dynamic Municipal Bond ETF by 1.0% in the first quarter. Leeward Financial Partners LLC now owns 92,752 shares of the company’s stock worth $2,299,000 after purchasing an additional 918 shares during the period. Winebrenner Capital Management LLC increased its stake in shares of Franklin Dynamic Municipal Bond ETF by 8.6% in the third quarter. Winebrenner Capital Management LLC now owns 13,032 shares of the company’s stock worth $304,000 after purchasing an additional 1,032 shares during the period. Finally, Rockefeller Capital Management L.P. bought a new position in shares of Franklin Dynamic Municipal Bond ETF in the fourth quarter worth about $42,000.

Franklin Dynamic Municipal Bond ETF Price Performance

Shares of NYSEARCA FLMI traded up $0.01 during trading hours on Tuesday, hitting $23.64. 874,662 shares of the company’s stock were exchanged, compared to its average volume of 939,409. Franklin Dynamic Municipal Bond ETF has a 1-year low of $23.04 and a 1-year high of $25.46. The company’s 50-day moving average price is $23.96 and its 200-day moving average price 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.