Citadel Advisors LLC Makes New $9.61 Million Investment in Franklin U.S. Core Bond ETF $FLCB

Citadel Advisors LLC bought a new stake in Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 448,947 shares of the company’s stock, valued at approximately $9,607,000. Citadel Advisors LLC owned 0.31% of Franklin U.S. Core Bond ETF at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp increased its holdings in Franklin U.S. Core Bond ETF by 44.5% in the 1st quarter. Bank of New York Mellon Corp now owns 3,168,185 shares of the company’s stock worth $68,084,000 after acquiring an additional 975,606 shares during the last quarter. Sanctuary Advisors LLC lifted its holdings 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 valued at $66,215,000 after purchasing an additional 311,379 shares during the last quarter. Bank of America Corp DE lifted its holdings in Franklin U.S. Core Bond ETF by 13.3% during 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 last quarter. Raymond James Financial Inc. boosted its position in Franklin U.S. Core Bond ETF by 387.9% during the second quarter. Raymond James Financial Inc. now owns 297,437 shares of the company’s stock worth $6,401,000 after purchasing an additional 236,473 shares during the period. Finally, LPL Financial LLC boosted its position in Franklin U.S. Core Bond ETF by 20.0% during the fourth quarter. LPL Financial LLC now owns 1,259,704 shares of the company’s stock worth $27,241,000 after purchasing an additional 209,966 shares during the period.

Franklin U.S. Core Bond ETF Price Performance

NYSEARCA FLCB opened at $20.96 on Tuesday. The company’s 50 day moving average is $21.12 and its 200-day moving average is $21.35. Franklin U.S. Core Bond ETF has a 12-month low of $20.90 and a 12-month high of $21.96.

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.