JPMorgan Chase & Co. Boosts Holdings in Franklin U.S. Core Bond ETF $FLCB

JPMorgan Chase & Co. increased its stake in shares of Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) by 4.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 991,386 shares of the company’s stock after acquiring an additional 44,489 shares during the quarter. JPMorgan Chase & Co.’s holdings in Franklin U.S. Core Bond ETF were worth $21,533,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FLCB. Root Financial Partners LLC acquired a new position in Franklin U.S. Core Bond ETF in the third quarter valued at $38,000. CWM LLC purchased a new position in shares of Franklin U.S. Core Bond ETF during the third quarter worth about $50,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Franklin U.S. Core Bond ETF during the third quarter worth about $52,000. IFP Advisors Inc lifted its holdings in shares of Franklin U.S. Core Bond ETF by 26.8% in the 3rd quarter. IFP Advisors Inc now owns 10,119 shares of the company’s stock valued at $220,000 after purchasing an additional 2,136 shares during the last quarter. Finally, Truist Financial Corp purchased a new stake in shares of Franklin U.S. Core Bond ETF in the 3rd quarter valued at about $228,000.

Franklin U.S. Core Bond ETF Stock Performance

NYSEARCA:FLCB opened at $21.37 on Wednesday. The stock’s 50 day moving average price is $21.69 and its 200 day moving average price is $21.71. Franklin U.S. Core Bond ETF has a 52-week low of $20.89 and a 52-week high of $21.96.

Franklin U.S. Core Bond ETF Profile

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.