Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) Sees Unusually-High Trading Volume – Should You Buy?

Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) saw an uptick in trading volume on Tuesday . 2,169,832 shares were traded during trading, an increase of 402% from the previous session’s volume of 432,099 shares.The stock last traded at $21.49 and had previously closed at $21.46.

Franklin U.S. Core Bond ETF Price Performance

The stock has a 50-day simple moving average of $21.66 and a two-hundred day simple moving average of $21.70.

Hedge Funds Weigh In On Franklin U.S. Core Bond ETF

Large investors have recently made changes to their positions in the business. Jones Financial Companies Lllp lifted its stake in Franklin U.S. Core Bond ETF by 29.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,053,148 shares of the company’s stock worth $22,811,000 after purchasing an additional 237,122 shares in the last quarter. Osaic Holdings Inc. lifted its position in Franklin U.S. Core Bond ETF by 68.7% in the second quarter. Osaic Holdings Inc. now owns 135,329 shares of the company’s stock worth $2,911,000 after buying an additional 55,129 shares during the last quarter. CENTRAL TRUST Co grew its holdings in Franklin U.S. Core Bond ETF by 14.9% during the 3rd quarter. CENTRAL TRUST Co now owns 189,203 shares of the company’s stock valued at $4,109,000 after purchasing an additional 24,580 shares during the last quarter. Smartleaf Asset Management LLC purchased a new stake in shares of Franklin U.S. Core Bond ETF in the third quarter worth approximately $4,379,000. Finally, Atria Investments Inc increased its stake in Franklin U.S. Core Bond ETF by 79.4% in the 3rd quarter. Atria Investments Inc now owns 174,200 shares of the company’s stock worth $3,784,000 after buying an additional 77,107 shares during the period.

About Franklin U.S. Core Bond ETF

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.