30,597 Shares in Franklin U.S. Core Bond ETF $FLCB Purchased by Center For Asset Management LLC

Center For Asset Management LLC purchased a new stake in shares of Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 30,597 shares of the company’s stock, valued at approximately $625,000.

Other large investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp lifted its holdings in Franklin U.S. Core Bond ETF by 44.5% in the first quarter. Bank of New York Mellon Corp now owns 3,168,185 shares of the company’s stock valued at $68,084,000 after acquiring an additional 975,606 shares during the last quarter. Sanctuary Advisors LLC increased its stake in Franklin U.S. Core Bond ETF by 11.2% during 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 stake in Franklin U.S. Core Bond ETF by 8.7% during the first quarter. Janney Montgomery Scott LLC now owns 2,378,561 shares of the company’s stock worth $51,115,000 after acquiring an additional 189,498 shares during the last quarter. Bank of America Corp DE raised 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 purchasing an additional 257,025 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in Franklin U.S. Core Bond ETF by 2.8% in the second quarter. Envestnet Asset Management Inc. now owns 1,417,696 shares of the company’s stock valued at $30,339,000 after purchasing an additional 38,042 shares during the period.

Franklin U.S. Core Bond ETF Stock Performance

NYSEARCA:FLCB opened at $20.59 on Friday. Franklin U.S. Core Bond ETF has a 52 week low of $20.25 and a 52 week high of $21.96. The stock’s fifty day moving average is $20.78 and its two-hundred day moving average is $21.14.

Franklin U.S. Core Bond ETF 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.