Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) Hits New 12-Month High – Here’s What Happened

Franklin U.S. Core Bond ETF (NYSEARCA:FLCBGet Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $21.95 and last traded at $21.93, with a volume of 277229 shares changing hands. The stock had previously closed at $21.92.

Franklin U.S. Core Bond ETF Trading Up 0.0%

The firm’s fifty day moving average is $21.67 and its 200-day moving average is $21.42.

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

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Franklin Resources Inc. grew its holdings in Franklin U.S. Core Bond ETF by 9.6% during the 2nd quarter. Franklin Resources Inc. now owns 81,487,315 shares of the company’s stock worth $1,753,607,000 after acquiring an additional 7,134,359 shares during the last quarter. Flow Traders U.S. LLC grew its holdings in Franklin U.S. Core Bond ETF by 1,836.6% during the 1st quarter. Flow Traders U.S. LLC now owns 554,077 shares of the company’s stock worth $11,910,000 after acquiring an additional 525,466 shares during the last quarter. Jane Street Group LLC grew its holdings in Franklin U.S. Core Bond ETF by 653.3% during the 1st quarter. Jane Street Group LLC now owns 543,306 shares of the company’s stock worth $11,678,000 after acquiring an additional 471,184 shares during the last quarter. Raymond James Financial Inc. grew its holdings in Franklin U.S. Core Bond ETF by 387.9% during the 2nd quarter. Raymond James Financial Inc. now owns 297,437 shares of the company’s stock worth $6,401,000 after acquiring an additional 236,473 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in Franklin U.S. Core Bond ETF by 86.2% during the 1st quarter. Cetera Investment Advisers now owns 462,561 shares of the company’s stock worth $9,943,000 after acquiring an additional 214,136 shares during the last quarter.

Franklin U.S. Core Bond ETF Company Profile

(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.

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