Franklin U.S. Core Bond ETF $FLCB Shares Newly Purchased by Park Avenue Securities LLC

Park Avenue Securities LLC bought a new position in shares of Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 32,913 shares of the company’s stock, valued at approximately $672,000.

A number of other hedge funds have also modified their holdings of FLCB. Bank of New York Mellon Corp grew its holdings in Franklin U.S. Core Bond ETF by 44.5% during the first quarter. Bank of New York Mellon Corp now owns 3,168,185 shares of the company’s stock valued at $68,084,000 after purchasing an additional 975,606 shares during the period. Sanctuary Advisors LLC increased its stake in Franklin U.S. Core Bond ETF by 11.2% in 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 in the last quarter. Bank of America Corp DE raised its holdings in Franklin U.S. Core Bond ETF by 13.3% in the first quarter. Bank of America Corp DE now owns 2,185,462 shares of the company’s stock worth $46,966,000 after purchasing an additional 257,025 shares during the period. Envestnet Asset Management Inc. raised its holdings in Franklin U.S. Core Bond ETF by 2.8% in the second quarter. Envestnet Asset Management Inc. now owns 1,417,696 shares of the company’s stock worth $30,339,000 after purchasing an additional 38,042 shares during the period. Finally, Cetera Investment Advisers raised its holdings in Franklin U.S. Core Bond ETF by 14.6% in the first quarter. Cetera Investment Advisers now owns 631,659 shares of the company’s stock worth $13,574,000 after purchasing an additional 80,603 shares during the period.

Franklin U.S. Core Bond ETF Price Performance

Shares of NYSEARCA FLCB opened at $20.79 on Thursday. The company’s fifty day moving average is $20.68 and its 200-day moving average is $21.23. Franklin U.S. Core Bond ETF has a twelve month low of $20.25 and a twelve month high of $21.96.

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.