Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) Short Interest Update

Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) was the recipient of a large growth in short interest in January. As of January 30th, there was short interest totaling 35,228 shares, a growth of 43.7% from the January 15th total of 24,520 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 360,042 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 360,042 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Franklin U.S. Core Bond ETF Trading Up 0.3%

Shares of NYSEARCA FLCB traded up $0.07 during trading on Monday, reaching $21.86. 222,030 shares of the stock were exchanged, compared to its average volume of 391,554. The business’s 50-day moving average price is $21.66 and its 200 day moving average price is $21.67. Franklin U.S. Core Bond ETF has a twelve month low of $20.89 and a twelve month high of $21.95.

Franklin U.S. Core Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a $0.0808 dividend. This is an increase from Franklin U.S. Core Bond ETF’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend was Monday, February 2nd.

Hedge Funds Weigh In On Franklin U.S. Core Bond ETF

Institutional investors have recently made changes to their positions in the business. Franklin Resources Inc. raised its stake in shares of Franklin U.S. Core Bond ETF by 9.6% in the 2nd quarter. Franklin Resources Inc. now owns 81,487,315 shares of the company’s stock valued at $1,753,607,000 after purchasing an additional 7,134,359 shares in the last quarter. Hantz Financial Services Inc. raised its stake in Franklin U.S. Core Bond ETF by 43.9% during the third quarter. Hantz Financial Services Inc. now owns 2,814,763 shares of the company’s stock valued at $61,137,000 after buying an additional 858,541 shares in the last quarter. Sequent Planning LLC acquired a new position in shares of Franklin U.S. Core Bond ETF in the 3rd quarter worth approximately $16,774,000. MGO One Seven LLC grew its position in shares of Franklin U.S. Core Bond ETF by 2,298.7% in the 4th quarter. MGO One Seven LLC now owns 377,895 shares of the company’s stock worth $8,172,000 after acquiring an additional 362,141 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in shares of Franklin U.S. Core Bond ETF in the 3rd quarter valued at approximately $6,391,000.

Franklin U.S. Core Bond ETF Company Profile

The Franklin U.S. Core Bond ETF (FLCB) is an exchange-traded fund that is based on the Bloomberg US Aggregate index. The fund is an actively-managed fund that holds US investment-grade bonds, including Treasurys, MBS and investment-grade corporate bonds. Managers aim for similar risk traits to the Bloomberg U.S FLCB was launched on Sep 17, 2019 and is managed by Franklin Templeton.