Franklin U.S. Core Bond ETF (NYSEARCA:FLCB – Get Free Report) was the recipient of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 42,492 shares, a decrease of 42.6% from the June 15th total of 74,089 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 405,663 shares, the short-interest ratio is currently 0.1 days.
Franklin U.S. Core Bond ETF Trading Down 0.0%
Shares of NYSEARCA:FLCB traded down $0.01 during trading on Thursday, reaching $21.21. 270,987 shares of the stock traded hands, compared to its average volume of 461,057. The stock has a 50-day moving average of $21.31 and a two-hundred day moving average of $21.51. Franklin U.S. Core Bond ETF has a 52-week low of $21.09 and a 52-week high of $21.96.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the business. Wilmington Savings Fund Society FSB bought a new stake in Franklin U.S. Core Bond ETF in the 3rd quarter worth about $52,000. Kestra Advisory Services LLC purchased a new stake in shares of Franklin U.S. Core Bond ETF during the 4th quarter valued at about $78,000. Orion Porfolio Solutions LLC purchased a new stake in shares of Franklin U.S. Core Bond ETF during the 4th quarter valued at about $212,000. IFP Advisors Inc grew its stake in shares of 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 worth $220,000 after acquiring an additional 2,136 shares during the period. Finally, O Shaughnessy Asset Management LLC grew its stake in shares of 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 worth $242,000 after acquiring an additional 7,284 shares during the period.
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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