Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) Sees Unusually-High Trading Volume – Here’s Why

Shares of Franklin U.S. Core Bond ETF (NYSEARCA:FLCBGet Free Report) saw unusually-high trading volume on Thursday . 1,500,691 shares changed hands during trading, an increase of 223% from the previous session’s volume of 464,290 shares.The stock last traded at $21.23 and had previously closed at $21.21.

Franklin U.S. Core Bond ETF Stock Performance

The company’s 50 day moving average price is $21.33 and its 200-day moving average price is $21.52.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Wilmington Savings Fund Society FSB acquired a new stake in shares of Franklin U.S. Core Bond ETF in the third quarter valued at about $52,000. Kestra Advisory Services LLC acquired a new position in shares of Franklin U.S. Core Bond ETF in the fourth quarter worth approximately $78,000. Orion Porfolio Solutions LLC acquired a new position in shares of Franklin U.S. Core Bond ETF in the fourth quarter worth approximately $212,000. IFP Advisors Inc boosted its holdings in Franklin U.S. Core Bond ETF by 26.8% in the third quarter. IFP Advisors Inc now owns 10,119 shares of the company’s stock valued at $220,000 after acquiring an additional 2,136 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its holdings in Franklin U.S. Core Bond ETF by 185.9% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 11,203 shares of the company’s stock valued at $242,000 after acquiring an additional 7,284 shares during the last quarter.

Franklin U.S. Core Bond ETF Company Profile

(Get Free Report)

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.

Further Reading

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