WCG Wealth Advisors LLC Takes $632,000 Position in Franklin Dynamic Municipal Bond ETF $FLMI

WCG Wealth Advisors LLC bought a new stake in Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 25,412 shares of the company’s stock, valued at approximately $632,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FLMI. Allworth Financial LP acquired a new stake in shares of Franklin Dynamic Municipal Bond ETF in the third quarter valued at $25,000. BOKF NA acquired a new stake in shares of Franklin Dynamic Municipal Bond ETF in the third quarter valued at $44,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Franklin Dynamic Municipal Bond ETF in the third quarter valued at $62,000. Mpwm Advisory Solutions LLC acquired a new stake in shares of Franklin Dynamic Municipal Bond ETF in the third quarter valued at $63,000. Finally, NewEdge Advisors LLC acquired a new stake in shares of Franklin Dynamic Municipal Bond ETF in the first quarter valued at $100,000.

Franklin Dynamic Municipal Bond ETF Stock Performance

Shares of NYSEARCA:FLMI opened at $25.03 on Friday. Franklin Dynamic Municipal Bond ETF has a twelve month low of $23.94 and a twelve month high of $25.46. The business has a fifty day moving average of $24.91 and a 200-day moving average of $24.98.

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.