Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) Reaches New 52-Week Low – Here’s What Happened

Franklin U.S. Core Bond ETF (NYSEARCA:FLCBGet Free Report) shares hit a new 52-week low on Tuesday . The stock traded as low as $20.92 and last traded at $20.96, with a volume of 20499 shares. The stock had previously closed at $21.04.

Franklin U.S. Core Bond ETF Price Performance

The company’s 50-day simple moving average is $21.15 and its 200 day simple moving average is $21.37.

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

Several large investors have recently bought and sold shares of the stock. Wilmington Savings Fund Society FSB purchased a new position in shares of Franklin U.S. Core Bond ETF in the 3rd quarter valued at about $52,000. Kestra Advisory Services LLC acquired a new stake in Franklin U.S. Core Bond ETF in the fourth quarter valued at approximately $78,000. Orion Porfolio Solutions LLC acquired a new stake in Franklin U.S. Core Bond ETF in the fourth quarter valued at approximately $212,000. O Shaughnessy Asset Management LLC lifted its stake in Franklin U.S. Core Bond ETF by 185.9% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 11,203 shares of the company’s stock worth $242,000 after acquiring an additional 7,284 shares during the last quarter. Finally, Fifth Third Bancorp acquired a new position in Franklin U.S. Core Bond ETF during the 1st quarter worth approximately $335,000.

About Franklin U.S. Core Bond ETF

(Get Free Report)

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.

Recommended Stories

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.