Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) Sets New 1-Year High at $22.11

Shares of Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $22.11 and last traded at $22.11, with a volume of 25694 shares. The stock had previously closed at $22.10.

Franklin U.S. Core Bond ETF Stock Down 0.1 %

The company has a fifty day moving average of $21.65 and a 200-day moving average of $21.28.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of FLCB. Cullen Frost Bankers Inc. purchased a new position in Franklin U.S. Core Bond ETF in the 2nd quarter worth approximately $275,000. International Assets Investment Management LLC purchased a new position in Franklin U.S. Core Bond ETF in the 4th quarter worth approximately $528,000. Clearbridge Investments LLC lifted its stake in Franklin U.S. Core Bond ETF by 3.2% in the 1st quarter. Clearbridge Investments LLC now owns 28,388 shares of the company’s stock worth $606,000 after purchasing an additional 875 shares in the last quarter. Cooper Financial Group raised its position in shares of Franklin U.S. Core Bond ETF by 288.3% during the 2nd quarter. Cooper Financial Group now owns 37,965 shares of the company’s stock valued at $802,000 after buying an additional 28,188 shares during the period. Finally, Envestnet Portfolio Solutions Inc. raised its position in shares of Franklin U.S. Core Bond ETF by 11.0% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 76,482 shares of the company’s stock valued at $1,654,000 after buying an additional 7,579 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.