Franklin U.S. Core Bond ETF (NYSEARCA:FLCB – Get Free Report) shares saw an uptick in trading volume on Wednesday. 1,152,629 shares were traded during mid-day trading, an increase of 154% from the previous session’s volume of 453,220 shares. The stock last traded at $20.3950 and had previously closed at $20.44.
Franklin U.S. Core Bond ETF Stock Performance
The company has a fifty day moving average of $20.92 and a two-hundred day moving average of $21.21.
Institutional Investors Weigh In On Franklin U.S. Core Bond ETF
Several institutional investors have recently made changes to their positions in FLCB. Bank of New York Mellon Corp grew its stake in Franklin U.S. Core Bond ETF by 44.5% during the first quarter. Bank of New York Mellon Corp now owns 3,168,185 shares of the company’s stock worth $68,084,000 after buying an additional 975,606 shares in the last quarter. Sanctuary Advisors LLC lifted its holdings in shares of Franklin U.S. Core Bond ETF by 11.2% in the first quarter. Sanctuary Advisors LLC now owns 3,081,221 shares of the company’s stock worth $66,215,000 after acquiring an additional 311,379 shares during the last quarter. Janney Montgomery Scott LLC increased its position in Franklin U.S. Core Bond ETF by 8.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 2,378,561 shares of the company’s stock worth $51,115,000 after purchasing an additional 189,498 shares in the last quarter. Bank of America Corp DE boosted its position in Franklin U.S. Core Bond ETF by 13.3% in the first quarter. Bank of America Corp DE now owns 2,185,462 shares of the company’s stock valued at $46,966,000 after buying an additional 257,025 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Franklin U.S. Core Bond ETF by 2.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,417,696 shares of the company’s stock valued at $30,339,000 after acquiring an additional 38,042 shares during the last quarter.
About Franklin U.S. Core Bond ETF
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.
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