Franklin U.S. Core Bond ETF (NYSEARCA:FLCB – Get Free Report) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 55,447 shares, a decrease of 78.1% from the May 14th total of 253,038 shares. Based on an average trading volume of 457,424 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.
Franklin U.S. Core Bond ETF Trading Up 0.2%
FLCB opened at $21.27 on Wednesday. Franklin U.S. Core Bond ETF has a one year low of $21.09 and a one year high of $21.96. The business’s 50 day moving average price is $21.41 and its 200 day moving average price is $21.58.
Institutional Trading of Franklin U.S. Core Bond ETF
A number of hedge funds and other institutional investors have recently modified their holdings of the business. NewEdge Advisors LLC increased its position in shares of Franklin U.S. Core Bond ETF by 14.0% during the 1st quarter. NewEdge Advisors LLC now owns 72,335 shares of the company’s stock worth $1,554,000 after purchasing an additional 8,902 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Franklin U.S. Core Bond ETF by 13.3% in the 1st quarter. Bank of America Corp DE now owns 2,185,462 shares of the company’s stock worth $46,966,000 after acquiring an additional 257,025 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of Franklin U.S. Core Bond ETF by 1.3% in the 1st quarter. Royal Bank of Canada now owns 69,525 shares of the company’s stock worth $1,494,000 after acquiring an additional 863 shares during the last quarter. Compound Planning Inc. acquired a new position in shares of Franklin U.S. Core Bond ETF in the 1st quarter worth approximately $374,000. Finally, Cetera Investment Advisers lifted its holdings in shares of Franklin U.S. Core Bond ETF by 14.6% in the 1st quarter. Cetera Investment Advisers now owns 631,659 shares of the company’s stock worth $13,574,000 after acquiring an additional 80,603 shares during the last quarter.
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.
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