Franklin Resources Inc. Sells 2,168,098 Shares of Franklin U.S. Core Bond ETF $FLCB

Franklin Resources Inc. lessened its stake in shares of Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) by 2.7% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 77,826,313 shares of the company’s stock after selling 2,168,098 shares during the period. Franklin Resources Inc. owned 59.43% of Franklin U.S. Core Bond ETF worth $1,682,994,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB purchased a new stake in Franklin U.S. Core Bond ETF in the 3rd quarter worth approximately $52,000. IFP Advisors Inc increased its holdings in Franklin U.S. Core Bond ETF by 26.8% in the 3rd quarter. IFP Advisors Inc now owns 10,119 shares of the company’s stock worth $220,000 after acquiring an additional 2,136 shares in the last quarter. Truist Financial Corp bought a new stake in shares of Franklin U.S. Core Bond ETF during the 3rd quarter valued at $228,000. O Shaughnessy Asset Management LLC raised its position in shares of Franklin U.S. Core Bond ETF by 185.9% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 11,203 shares of the company’s stock valued at $242,000 after purchasing an additional 7,284 shares during the period. Finally, GC Wealth Management RIA LLC bought a new stake in shares of Franklin U.S. Core Bond ETF during the 4th quarter valued at $357,000.

Franklin U.S. Core Bond ETF Stock Performance

Shares of FLCB stock opened at $21.24 on Monday. Franklin U.S. Core Bond ETF has a one year low of $21.09 and a one year high of $21.96. The company’s fifty day moving average price is $21.41 and its 200-day moving average price is $21.59.

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.