Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) Sets New 1-Year Low – Should You Sell?

Franklin U.S. Core Bond ETF (NYSEARCA:FLCBGet Free Report)’s share price reached a new 52-week low on Tuesday . The stock traded as low as $20.92 and last traded at $20.96, with a volume of 20499 shares changing hands. The stock had previously closed at $21.04.

Franklin U.S. Core Bond ETF Trading Down 0.4%

The business has a fifty day simple moving average of $21.17 and a two-hundred day simple moving average of $21.38.

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

Hedge funds have recently made changes to their positions in the company. Wilmington Savings Fund Society FSB bought a new position in Franklin U.S. Core Bond ETF in the third quarter worth $52,000. Kestra Advisory Services LLC purchased a new position in Franklin U.S. Core Bond ETF during the fourth quarter valued at $78,000. Orion Porfolio Solutions LLC bought a new stake in shares of Franklin U.S. Core Bond ETF during the 4th quarter valued at $212,000. O Shaughnessy Asset Management LLC boosted its holdings in shares of Franklin U.S. Core Bond ETF by 185.9% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 11,203 shares of the company’s stock valued at $242,000 after buying an additional 7,284 shares in the last quarter. Finally, Fifth Third Bancorp bought a new stake in shares of Franklin U.S. Core Bond ETF during the 1st quarter valued at $335,000.

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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