Franklin U.S. Core Bond ETF (NYSEARCA:FLCB – Get Free Report)’s stock price reached a new 52-week low on Tuesday. The company traded as low as $20.42 and last traded at $20.46, with a volume of 358777 shares changing hands. The stock had previously closed at $20.56.
Franklin U.S. Core Bond ETF Stock Performance
The stock’s 50-day moving average is $20.93 and its 200-day moving average is $21.22.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in FLCB. Bank of New York Mellon Corp grew its position in shares of Franklin U.S. Core Bond ETF by 44.5% in 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 boosted its stake in Franklin U.S. Core Bond ETF by 11.2% in the 1st quarter. Sanctuary Advisors LLC now owns 3,081,221 shares of the company’s stock worth $66,215,000 after buying an additional 311,379 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in Franklin U.S. Core Bond ETF by 8.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 2,378,561 shares of the company’s stock worth $51,115,000 after buying an additional 189,498 shares during the last quarter. Bank of America Corp DE grew its holdings in Franklin U.S. Core Bond ETF by 13.3% in the 1st quarter. Bank of America Corp DE now owns 2,185,462 shares of the company’s stock valued at $46,966,000 after buying an additional 257,025 shares during the period. Finally, Envestnet Asset Management Inc. grew its holdings in Franklin U.S. Core Bond ETF by 2.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,417,696 shares of the company’s stock valued at $30,339,000 after buying an additional 38,042 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.
Further Reading
- Five stocks we like better than Franklin U.S. Core Bond ETF
- Deutsche Bank Makes a Contrarian Call on Netflix—What Does It Mean for Investors?
- O’Reilly Automotive’s Stock Slump Hides a Stronger Business
- McDonald’s Stock Slump Makes Its AI Pricing Bet Even Riskier
- Broadcom’s AI Growth Story Faces a $161 Billion Anthropic Test
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.
