Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) Sees Large Volume Increase

Posted by Latisha Jones on Jul 3rd, 2024

Franklin U.S. Core Bond ETF (NYSEARCA:FLCB – Get Free Report) saw an uptick in trading volume on Wednesday . 641,609 shares traded hands during trading, an increase of 169% from the previous session’s volume of 238,287 shares.The stock last traded at $21.10 and had previously closed at $21.01.

Franklin U.S. Core Bond ETF Trading Up 0.5 %

The company’s fifty day simple moving average is $21.04 and its two-hundred day simple moving average is $21.19.

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

A number of hedge funds and other institutional investors have recently modified their holdings of FLCB. Allworth Financial LP grew its holdings in shares of Franklin U.S. Core Bond ETF by 650.5% during the fourth quarter. Allworth Financial LP now owns 790,239 shares of the company’s stock worth $17,085,000 after buying an additional 684,938 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of Franklin U.S. Core Bond ETF by 22.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 1,667,571 shares of the company’s stock worth $36,053,000 after buying an additional 308,691 shares in the last quarter. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of Franklin U.S. Core Bond ETF during the fourth quarter worth about $1,913,000. Bogart Wealth LLC grew its holdings in Franklin U.S. Core Bond ETF by 3.8% in the fourth quarter. Bogart Wealth LLC now owns 2,294,567 shares of the company’s stock valued at $49,609,000 after purchasing an additional 83,725 shares during the period. Finally, Private Advisor Group LLC grew its holdings in Franklin U.S. Core Bond ETF by 39.2% in the fourth quarter. Private Advisor Group LLC now owns 232,979 shares of the company’s stock valued at $5,037,000 after purchasing an additional 65,567 shares during the period.

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.