Franklin U.S. Core Bond ETF (NYSEARCA:FLCB – Get Free Report) saw strong trading volume on Tuesday . 4,033,408 shares were traded during mid-day trading, an increase of 841% from the previous session’s volume of 428,568 shares.The stock last traded at $21.27 and had previously closed at $21.22.
Franklin U.S. Core Bond ETF Stock Down 0.1%
The business’s 50 day moving average is $21.40 and its two-hundred day moving average is $21.58.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of FLCB. Royal Bank of Canada grew its stake in Franklin U.S. Core Bond ETF by 6.6% in the 1st quarter. Royal Bank of Canada now owns 60,053 shares of the company’s stock valued at $1,291,000 after buying an additional 3,707 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in Franklin U.S. Core Bond ETF by 1,614.2% in the 1st quarter. NewEdge Advisors LLC now owns 37,506 shares of the company’s stock valued at $806,000 after purchasing an additional 35,318 shares during the period. Raymond James Financial Inc. boosted its holdings in Franklin U.S. Core Bond ETF by 387.9% in the 2nd quarter. Raymond James Financial Inc. now owns 297,437 shares of the company’s stock valued at $6,401,000 after purchasing an additional 236,473 shares during the period. Truist Financial Corp bought a new position in Franklin U.S. Core Bond ETF in the 3rd quarter valued at $228,000. Finally, Envestnet Asset Management Inc. boosted its holdings in Franklin U.S. Core Bond ETF by 0.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,176,604 shares of the company’s stock valued at $25,556,000 after purchasing an additional 9,610 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.
See Also
- Five stocks we like better than Franklin U.S. Core Bond ETF
- The “Duck Stock” Keeps Quietly Making Money for Shareholders
- As Shares Fall, Analyst Are Boosting their Broadcom Price Targets
- Everpure: AI Storage Uncertainty Overshadows Breakneck Growth
- This Tech ETF Is Beating QQQ—and Canada May Be Part of the Reason
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.
