World Investment Advisors Invests $1.50 Million in Franklin U.S. Core Bond ETF $FLCB

World Investment Advisors acquired a new position in shares of Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 69,215 shares of the company’s stock, valued at approximately $1,497,000. World Investment Advisors owned approximately 0.05% of Franklin U.S. Core Bond ETF at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Root Financial Partners LLC purchased a new stake in shares of Franklin U.S. Core Bond ETF during the 3rd quarter worth approximately $38,000. CWM LLC purchased a new stake in Franklin U.S. Core Bond ETF during the 3rd quarter valued at $50,000. Wilmington Savings Fund Society FSB purchased a new stake in Franklin U.S. Core Bond ETF during the 3rd quarter valued at $52,000. IFP Advisors Inc raised its holdings in Franklin U.S. Core Bond ETF by 26.8% during the 3rd quarter. IFP Advisors Inc now owns 10,119 shares of the company’s stock valued at $220,000 after buying an additional 2,136 shares during the period. Finally, Truist Financial Corp purchased a new stake in Franklin U.S. Core Bond ETF during the 3rd quarter valued at $228,000.

Franklin U.S. Core Bond ETF Stock Performance

NYSEARCA:FLCB opened at $21.20 on Friday. The stock’s fifty day moving average is $21.49 and its 200 day moving average is $21.63. Franklin U.S. Core Bond ETF has a fifty-two week low of $20.98 and a fifty-two 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.