Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) Sees Strong Trading Volume

Shares of Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) saw strong trading volume on Thursday . 239,974 shares were traded during mid-day trading, an increase of 11% from the previous session’s volume of 215,252 shares.The stock last traded at $21.36 and had previously closed at $21.35.

Franklin U.S. Core Bond ETF Stock Down 0.0 %

The stock has a 50-day simple moving average of $21.28 and a 200 day simple moving average of $21.00.

Institutional Investors Weigh In On Franklin U.S. Core Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Envestnet Asset Management Inc. boosted its position in Franklin U.S. Core Bond ETF by 30.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 801,008 shares of the company’s stock valued at $16,429,000 after buying an additional 188,381 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in shares of Franklin U.S. Core Bond ETF by 263.2% in the 3rd quarter. Geneos Wealth Management Inc. now owns 49,331 shares of the company’s stock worth $1,012,000 after purchasing an additional 35,748 shares during the last quarter. Atria Investments Inc lifted its holdings in Franklin U.S. Core Bond ETF by 368.3% during the third quarter. Atria Investments Inc now owns 272,576 shares of the company’s stock worth $5,591,000 after acquiring an additional 214,375 shares in the last quarter. Private Advisor Group LLC lifted its holdings in Franklin U.S. Core Bond ETF by 87.8% during the third quarter. Private Advisor Group LLC now owns 167,412 shares of the company’s stock worth $3,434,000 after acquiring an additional 78,261 shares in the last quarter. Finally, AE Wealth Management LLC lifted its holdings in Franklin U.S. Core Bond ETF by 5.3% during the third quarter. AE Wealth Management LLC now owns 47,668 shares of the company’s stock worth $978,000 after acquiring an additional 2,395 shares in the last quarter.

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.