Shares of Franklin U.S. Core Bond ETF (NYSEARCA:FLCB – Get Free Report) saw unusually-strong trading volume on Wednesday. Approximately 1,152,629 shares changed hands 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 Trading Down 0.2%
The company has a fifty day moving average price of $20.95 and a two-hundred day moving average price of $21.23.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of New York Mellon Corp boosted 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. Citadel Advisors LLC bought a new stake in Franklin U.S. Core Bond ETF in the 2nd quarter valued at $9,607,000. Sanctuary Advisors LLC raised its stake in shares of Franklin U.S. Core Bond ETF by 11.2% in the 1st quarter. Sanctuary Advisors LLC now owns 3,081,221 shares of the company’s stock valued at $66,215,000 after buying an additional 311,379 shares in the last quarter. Bank of America Corp DE raised its stake 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 valued at $46,966,000 after buying an additional 257,025 shares in the last quarter. Finally, Capital Analysts LLC lifted its holdings in shares of Franklin U.S. Core Bond ETF by 53,195.9% during the 2nd quarter. Capital Analysts LLC now owns 219,579 shares of the company’s stock worth $4,699,000 after acquiring an additional 219,167 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.
Read More
- Five stocks we like better than Franklin U.S. Core Bond ETF
- McDonald’s Stock Slump Makes Its AI Pricing Bet Even Riskier
- Broadcom’s AI Growth Story Faces a $161 Billion Anthropic Test
- 3 Emerging Biotech Stocks With Significant Upside Potential
- Treasury Yields Haven’t Been This High Since 2007—3 ETFs to Watch
Receive News & Ratings for Franklin U.S. Core Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin U.S. Core Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
